Deccan Airlines has announced a new commercial policy for cancellation of tickets and rescheduling of tickets, with the aim of offering passengers more flexible travel options.As against the earlier policy where passengers wishing to cancel their tickets were provided credit voucher, passengers under the new cancellation policy would receive cash back against all ticket cancellations, a Deccan release said.
The Kingfisher-Air Deccan group will be the largest domestic airline with a fleet of 71 aircraft, including 41 Airbuses and 30 ATRs.
The company plans to offer end-to-end logistics solutions where it has custodial charge of the cargo. Till the back-end warehouse infrastructure is ready at the airline's national hub in Nagpur, Gopinath's freighters will fly the Dubai-Mumbai-Delhi-Hong Kong route, offering dedicated cargo space to freight forwarders and serve anyone who wants to move international freight to these cities for time-definite delivery.
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.
Kingfisher and Deccan had appointed Accenture to study the structure of the merger of the two airlines including operational synergies, network rationalisation and management structure.
Budget airlines Air Deccan on Friday announced that reservations for its much-awaited April to June 2007 summer schedules would open on November 12, at fares which begin at Rs 9 (plus taxes).
In a first by an Indian firm, Deccan Aviation chief Capt GR Gopinath on Friday announced the launch of Deccan Express Logistics, an air cargo and express logistic service on domestic and international routes.
Low-cost carrier Deccan and Vijay Mallya-led Kingfisher Airlines on Wednesday decided to merge and create a single corporate entity to cut down operational costs and accelerate their journey to profitability.
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).
Low-cost carrier Simplify Deccan will be rebranded Kingfisher Red, a separate brand identity from Vijay Mallya-promoted full-service carrier Kingfisher Airlines.
Merged entity to be named Kingfisher Airlines.
After strong statements to the contrary, UB Group chairman Vijay Mallya on Tuesday said that he was considering the merger of Kingfisher Airlines with budget carrier Simplifly Deccan (earlier Air Deccan), in which the former bought a 26 per cent stake in June. Mallya said Kingfisher had asked consulting firm Accenture to study the integration of the two airlines, including the possibility of a merger.
Deccan is planning to travel international routes from August from three destinations in India.
With combined accumulated losses of around Rs 2,000 crore (Rs 20 billion), the new entity created by the merger of unlisted Kingfisher Airlines with Deccan Aviation will have many strengths, but its balance sheet will not be one of them.
The board of Deccan Aviation, India's largest budget carrier, will meet in Bangalore on Wednesday to consider the merger with the UB Group's Kingfisher Airlines, which bought a stake in the carrier recently.
Kingfisher and Deccan swap of shares will be finalised by April, upon Sebi's approval.
Ten years after Kingfisher Airlines was grounded, its former employees continue to wait for their dues. On Monday, the Supreme Court awarded a four-month sentence to the grounded airline's flamboyant owner Vijay Mallya in a contempt case. The apex court also ordered him to deposit $40 million plus interest in four weeks to avoid attachment of his properties.
Simplifly Deccan, the low-cost carrier (LCC) brand formed after the merger of full service airline Kingfisher and the LCC Air Deccan, may soon cease to exist.
We celebrate the pioneering achievements of Captain Durba Banerjee and Avani Chaturvedi, leaders in Indian aviation.
The airline would offer Re 1 ticket to a few passengers through a lucky draw as part of its promotional campaign.
Low cost airline Air Deccan has filed an application with SEBI for entering the capital market.
Throughout its 155 minutes, every scene is doused in blaring background music and melodrama. Disappointment alone won't do, it must feel like a full blown catastrophe, observes Sukanya Verma.
Although industry analysts are welcoming Kingfisher Airlines' stake acquisition in Air Deccan as the right move towards consolidation
The first signs of the move will be evident when both the airlines announce their summer schedules in March after receiving the approval of the Directorate General of Civil Aviation. Deccan is likely to bring down and withdraw frequencies between Mumbai-Delhi in the schedule.
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."
The move by Mumbai airport to have the drop-off point for autos at a distance from the terminals reeks of class distinctions, says Mahesh Vijapurkar.
How Captain Gopinath's new aviation business crash landed.
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.
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.
Analysts say mergers by India's airlines have not been successful so far because of their objectives: it's to either kill competition or acquire flying rights to fly international.
San Fransisco and New York are touted to be the first destinations.
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.
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.
