Fly Bharati Signs ₹750 Crore MoU for Ujjain Airport Development.

Fly Bharati has signed a ₹750 crore memorandum of understanding (MoU) for the development of Ujjain Airport, announced during the Urban Development Session at the Global Investors Summit (GIS) recently. Union Civil Aviation Minister K. Ram Mohan Naidu emphasized that Madhya Pradesh is poised to become a civil aviation hub.

Several key MoUs in civil aviation were signed during the session. Naidu highlighted Madhya Pradesh's potential for setting up aviation training institutes and aero sports. He commended Chief Minister Mohan Yadav for hosting an investor summit in Bhopal, comparing its scale to the Prayagraj Maha Kumbh.

The minister also outlined plans to enhance air connectivity, proposing airports at 100-km intervals and helipads in space-constrained areas. Five companies signed MoUs for urban air services, while Air India Express announced international flights from Indore to Abu Dhabi and Bangkok, along with new domestic routes to Patna, Kochi, and Varanasi.

In another major development, Frankfinn Company will establish five aviation academies in Madhya Pradesh, creating 6,000-7,000 jobs. The ₹750 crore investment by Fly Bharati is set to boost Ujjain’s airport infrastructure, enhancing connectivity and economic growth.

ET