Opening another chapter in aviation industry, G R Gopinath, the pioneer in low-cost carriers, had his Deccan Charters Ltd join hands with Taj Air, the executive charter service of Indian Hotels Company Ltd (IHCL), and Business Jets India Pvt Ltd (BJETS), to launch Powerfly.
Deccan Aviation Ltd, in which Vijay Mallya's UB group has picked up 46 per cent stake, may hive off its aviation chartering business into a separate entity.
Jayanth Pooviah, director and chief executive officer of Deccan Charters, confirmed the development.
After budget carriers, the Indian skies will soon see the first low-cost charter service. Charter operator Club One Air is going to launch its domestic low-cost operations next year at prices 50 per cent below those currently charged by charters. Thus a Delhi-Kullu chartered flight, which costs Rs 60,000 per person at present, would cost Rs 30,000 once Club One Air starts flying.
Private sector helicopter charter company Deccan Aviation on Monday announced the launch of helicopter charter service from the Bangalore International Airport to select locations in the city.
Even as growth in traffic on chartered flights has fallen 6 to 8 per cent over the past year, rising fuel prices are forcing private charter operators to raise tariffs a substantial 20 per cent from September 1. India has more than 50 non-scheduled operators, which include helicopter operators like Global Vectra, aircraft operators like Ran Air and Taj Air and companies like Deccan Aviation Ltd that fly both helicopters and aircraft.
Second deal in 4 months after tie-up with RIL for cargo airlines.
During the checks on the Cessna aircraft registered with Business Jets India, the DGCA found that the pilots in command did not have necessary training certificates.
Capt Gopinath is trying to reinvent the charter business.
The firm has bought three choppers from Airbus.
Prime Minister Narendra Modi on Saturday announced the adoption of the New Delhi Leaders Declaration, a significant victory for India's G20 presidency that came amid increasing tensions and divergent views over the Ukraine conflict.
Charters, Udan flights choking Mumbai airport; MIAL may shift general aviation to Navi Mumbai once the airport is ready
For the first time in the history of Kannada cinema, the music of Kannada film, Meghave Meghave, was launched in the skies, thus finding a place in the Limca Book of World records.
Six years after running down the low-cost model, Jet and Kingfisher are betting on the same business model for survival.
Has Modi -- after announcing the life-crushing demonetisation, the abrogation of Article 370 and the CAA/NPR/NRC without any consultation -- suddenly realised the value of taking everyone on board, asks Krishna Prasad.
Lakhs of people, including men and women, students, working professionals, lawyers and doctors from the community, participated in the march, under the umbrella of 'Maratha Kranti Muk Morcha'.
Over 25,600 cases of banking fraud reported up to December 21, 2017, says Minister RS Prasad.
Mallya failed to repay loans worth Rs 7,200 cr, did not pay salaries, did not deposit PF, and did not pay income tax. It is still a mystery why banks continued to pour money into the airline when it was on life support
As his personal wealth started booming, Mallya went on a buying spree.
India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles
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