Three diamantaires and a well-known developer are looking at brining Mumbai within 20 minutes' reach from Surat, says a news report.

The promoters have reportedly named the airline as Diamond Aeronautics Pvt Ltd after taking over Air Ventura a few months back. The airline has been set up at the initial cost of over Rs 50 crore. Presently, airline operates with two nine-seater and one four-seater planes.

The report further says that the plan is part of regional air connectivity which their airline started recently between small cities in Gujarat with non-scheduled flights operating between Surat, Bhavnagar and Rajkot, which its operators claim is getting passenger occupancy of around 82 per cent. The airline management is now in the process of seeking approval from Directorate General of Civil Aviation (DGCA) and Airport Authority of India (AAI) to connect Mumbai with Surat.

The promoters include diamond industry barons including Govind Dholakiya of SRK Exports, Savji Dholakiya of Hari Krishna Exports and Lalji Patel of Dharmanand Diamonds and leading developer Lavji Dalia.