NEW DELHI: Regional airline Trujet said it is in talks with an investor to raise $25 million and will soon restart operations. “Trujet is in final stage of discussion with a potential investor who is funding $25 million within next few days,” V Umesh, managing director of Trujet, said in a statement.
This announcement came after Trujet temporarily suspended its aircrafts due to financial issues. It was operating with a single ATR-72 aircraft before grounding operations. With this, it became the only known carrier to have grounded its fleet and suspend operations during the ongoing Covid-19 pandemic. It also became the second carrier after Jet Airways to suspend operations.
