Air Costa is a regional airline which is based out of Vijayawada in Andhra Pradesh. This airline launched in October 2013 and is one of the major domestic airlines in Southern India. The airline launched with an employee strength of 300 which included the pilots and engineers when they kick-started their operations with just two Embraer E-170 aircrafts. The first flight took off from its hub at Chennai on October 16, 2013.
Air Costa is owned by the Indian business company LEPL Group. The airline focuses on connectivity between tier II and tier III cities in the country. Air Costa announced its decision to acquire Embraer Jets at the Paris Air Show in June 2013. They ordered 50 Embraer E-Jets E2 aircraft worth US$2.94 B during the Singapore Airshow on 13 February 2014. On 28 February 2017, Air Costa suspended operations until further notice stating financial difficulties regarding the lease of aircraft. It planes to re-launch its services in the 3rd Quarter of this year (2017). Air…
The company has its headquarters in Gurugram, Haryana. Its Chief executive officer is Mr Koustav Dhar. Zoom Air is the brand name for Zexus Air Services. Zoom Air has been funded with a sum of around US$ 3.3 M.
They began operations on February 15, 2017 with a flight from Delhi to Durgapur via Kolkata. Zoom Air has two Bombardier CRJ-200 in its fleet under dry-lease, seating 50 passengers. Zoom Air concentrates on flying to airports in India with little to no scheduled service.
Its current hub is at Indira Gandhi International Airport, New Delhi. Currently it also operates in the cities of Vijayawada, Jabalpur, Pune, Durgapur, Kolkata and off course, New Delhi.
Deutsche Aero Lloyd (DAL) and Junkers Luftverkehr merged on January 6, 1926, to form Lufthansa Airlines, in Berlin. The airline was originally named as 'Deutsche Luft Hansa Aktiengesellschaft'. The name Lufthansa was first used in 1933 and since then, the airline is known by the name. Prior to the Second World War, Lufthansa excelled in its business, operated services on the routes to the Far East and covered a number of destinations in North Atlantic and South Atlantic parts, with a fleet of German designed aircrafts including Dornier, Junkers, Heinkel and Focke-Wulf.
Lufthansa is one of the premier airlines of the world and one of the largest in Europe, in terms of the number of passengers carried by it. The flag carrier of Germany derives its name from Luft (the German word for 'air') and Hansa (the Hanseatic Trade Organization that was active in Northern Europe, during the medieval period). Headquartered in Cologne, the major hub of the airline is located at Frankfurt Airport, in…
Established on 16 July 1968 by the Government of Singapore to take over the industrial financing activities from the Economic Development Board, the bank's main purpose was to provide loans and financial aid to the manufacturing and processing industries and to help establish and upgrade existing industries in Singapore. In 1960, the Singapore government invited a United Nations (UN) industrial survey mission to assess the economical situation in Singapore and to come up with an industrialization program for the city. The proposal included setting up a development bank, together with an economic body to attract foreign investments and provide financing and managing the industrial estates. The bank was incorporated in July 1968 and began operations in September of the same year.
Presently, DBS Bank is a multinational banking and financial services corporation headquartered in Marina Bay, Singapore. The company was known as The Development Bank of Singapore Limited, before the present…
Shinhan Bank is the descendant of Hanseong Bank, the first modern bank in Korea. It was established by Kim Jong-Han in 1897, but began operating around 1900. It was originally located in a small house with only two rooms. One room was for the president, Yi Jae-Won, and the other room was for the staff. The bank operated by borrowing money from Japanese banks at low interest rates and then loaning it out for twice the rate to the Korean market. The Bank was successful because despite lending out money at twice the rate it borrowed it at, the bank's interest rates were still far lower than what could be obtained elsewhere in Korea at that time. In an anecdotal story the bank's first property to use as collateral on a loan happened to be a donkey. The bank staff were challenged to feed and care for their collateral as the loan was out.
Today, Shinhan Bank is headquartered in Seoul, South Korea. Historically it was the first bank in Korea, established under the name Hanseong Bank in…
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