r Deccan, India's first low-cost airline, created history on Wednesday by flying passengers to Delhi from Bangalore for a fare of only Rs 500, plus taxes (Rs 200).
Retro is probably Surya's worst film till date, notes A Ganesh Nadar.
The transaction, which values Air Deccan at Rs 155 a share, would be through allotment of non-preferential shares to UB
Air Deccan is all set to buy 30 new ATR72-500 aircraft from Avions de Transport Regionale, a France-based aircraft manufacturer.
If Vijay Mallya wants to buy the moon, I will only say, if wishes were horses...Even if Mallya wanted to acquire, Air Deccan is not up for sale. It has been built with a longer vision."
Budget carrier Air Deccan has signed a $1.5 billion agreement with Airbus Industrie to purchase 30 more Airbus A320 aircraft from the European airplane manufacturer.
Cafe Coffee Day would be the single point vendor to supply food and beverages to the Air Deccan passenger.
Budget carrier Air Deccan on Friday said it has launched direct daily flights to Nagpur, Pune and Goa from Hyderabad, as part of its strategy to connect smaller cities with different hubs.
With the inauguration of a direct flight from Delhi to Srinagar, Deccan Aviation, which operates Air Deccan, on Tuesday announced that the low-cost airline would concentrate on increasing the connectivity within Jammu and Kashmir.
Low cost airline Air Deccan has filed an application with SEBI for entering the capital market.
Low cost airline Air Deccan on Tuesday said it plans to fly over four million passengers in the next financial year, four times more than the one million people it has flown since inception 18 months ago.
Air Deccan is looking for full-time Air Hostesses as well as On call Air Hostesses (part-time).
Low cost airline Air Deccan intends to raise private equity of $50-60 million and was in discussion with seven players in this context, its managing director G R Gopinath said in Bangalore on Thursday.
Air Deccan has introduced two new schemes, the Super Flier and Super Flier Plus.
Budget airline Air Deccan plans to start its first service to Kerala on the Kochi-Delhi sector from December this year, followed by a service to Lakshadweep, according to a top executive of the company.
Air Deccan, which was renamed Simplifly Deccan after the merger with Kingfisher last year, is now called Kingfisher Red. According to the data released by the civil aviation ministry on Thursday, IndiGo's market share is 10.3 per cent, while that of Air Deccan trailed behind at 10.2 per cent.
Air Deccan has opened bookings across all Airbus flights for travel between September 1 and October 29, 2006.
Kingfisher Airlines chairman Vijay Mallya on Tuesday said budget carrier Air Deccan has applied for permission to fly overseas from next year. "Air Deccan has sought government approval to fly overseas from next year. The company is looking for a licence to start flights to Middle East, South East Asia and the US," he said on the sidelines of the Fortune Global Forum in New Delhi.
The US-based private equity firm Texas Pacific group, among three others, is in talks with country's second largest airline Air Deccan for picking up a minority stake.
Air Deccan is celebrating the country's 60th year of Independence by offering one lakh tickets at Rs 60.
Air Deccan has introduced credit card masking system to enhance security for its passengers paying through credit cards.
No-frills airline Air Deccan is offering five lakh air tickets free, but with taxes and surcharges, in an effort to stimulate air travel during lean season.
Air Deccan on Friday welcomed the enquiry by the Directorate General of Civil Aviation into reports that the low-cost carrier was over-booking its flights.
All 40 passengers on the flight are safe.
The booking will open on January 14, at 8 am, it said in a statement.
India's first low cost airline Air Deccan has surpassed state-owned Indian to become the country's number two airlines with a market share of 21.2 per cent as of June this year.
At present, the low-cost carrier has a fleet of 29 aircraft. It plans to add 19 aircraft in the next year, of which eight will be leased Airbus A320s, four ATR 72-500s on hire purchase and one of the same to be leased.
Going ahead with its outsourcing spree, budget carrier Air Deccan on Wednesday tied up with Frankfinn Institute of Airhostesses Training as an exclusive cabin crew partner.
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