Although industry analysts are welcoming Kingfisher Airlines' stake acquisition in Air Deccan as the right move towards consolidation
Captain Gopinath's dream of making every Indian fly will now remain just that. But this will rise to another: Mallya's dream of making Kingfisher one of the world's top airlines.
The booking will open on January 14, at 8 am, it said in a statement.
With this extra buck in it kitty, will Air Deccan be able to expand its fleet and revamp its services?
The transaction, which values Air Deccan at Rs 155 a share, would be through allotment of non-preferential shares to UB
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.
Low cost airline Air Deccan aims to raise up to 30 per cent of its total revenues from ancillary streams in three years, a three-fold jump from the current levels, its managing director, G R Gopinath said.
Air Deccan is going to a lot of sectors where nobody is going, places like Dehra Dun, Belgaum, Hubli and Kolhapur, we are very focused on the other India.
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.
Low cost carrier Air Deccan has launched its Indore-Gwalior-New Delhi flight. Air Deccan will connect Indore from Mumbai and Ahmedabad soon, Captain G R Gopinath, MD, Air Deccan, said.
Air Deccan on Tuesday announced a tie-up with Reliance Infocomm that would allow passengers to book tickets through the cellular company's retail chain of 241 broadband Reliance Web World outlets across 104 cities.
Low-fare airline Air Deccan on Monday said it would start a new service between Chennai to Tuticorin from next month and announced plans for frequent flights between Bangalore, Chennai and Hyderabad in the next three months.
Low-cost carrier Air Deccan and liquor baron Vijay Mallya-promoted Kingfisher Airlines have agreed not to "poach on one another's territory and instead help each other."
Budget carrier Air Deccan on Monday said volatile crude oil prices has affected the airline's operational cost by 20 per cent, forcing it to increase its high-end bucket fares by 12 to 15 per cent.
After having slashed fares when his competitors increased them, low-cost carrier Air Deccan's chief G R Gopinath on Monday said the airline would increase the number of flights instead of fares to meet the passenger demand.
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, the country's first low cost airlines, has chalked out an ambitious expansion plan, including augmenting its fleet to 30 aircraft by the end of this fiscal and setting up a modern hangar in Chennai in the next six months, its managing dir
Air Deccan, India's first low-cost carrier, on Friday announced the release of 3,300 tickets priced at Re 1 and 6,500 tickets (excluding taxes) priced at Rs 500 for reservations in September and October.
Low-cost airline Air Deccan has appointed three investment banks to advise the company on its initial public offer and a final decision on the matter would be taken in the next couple of months, Capt. G R Gopinath, managing director said in Chennai.
Launching a new concept in the Indian aviation scene, Air Deccan on Monday announced a strategic tie-up with Hindustan Petroleum to sell tickets of the 'no frills' airline at HP retail outlets across the country.
Air Deccan, India's first no-frills airlines, expects $120mn revenues in current fiscal.
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, the low-cost domestic airline, has planned to increase by December its daily flights from 70 to 100 as well as to secure a part of the "ethnic market" of West Asia in the foreseeable future
Low-cost air travel offers better options for the rural and middle classes, but cutting expenses on regular routes isn't easy.
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