Aviation is one of the most fascinating businesses to study. Few industries demand as much operational discipline, capital allocation and attention to unit economics. In India, few airlines have managed to survive, let alone make profits. That’s especially so among regional airlines who connect India’s interiors. For context, a dozen regional airlines have shut since the turn of the century. That’s one every two years.

But there’s one regional airline that is defying this trend. Fly91. It has turned a profitable quarter within two years of operations. Led by Manoj Chacko, it is now set to scale with even more ambitious targets. In this session, Manoj Chacko will share how Fly91 has approached building a regional airline and what it takes to make an airline profitable. Did his long stint at Kingfisher Airlines, where he worked closely with Vijay Mallya, help?.The discussion will cover Chacko's entrepreneurial journey, the economics of regional aviation, competition, network strategy, and the opportunities and challenges of serving underserved routes in India. We will also explore what separates successful airline builders from the rest and how Fly91 is thinking about its next phase of growth.This is a private event, specially curated by us to add value to the lives of our subscribers. The discussion will be led by Manoj Chacko along with the senior leadership at The Morning Context.