Indian entrepreneur Ajay Singh acquired ModiLuft in 2004 and re-christened it as SpiceJet. The airline operates a fleet of Boeing 737 and Bombardier Dash aircraft. It is a low-cost airline that has its headquarters located in Gurugram, India. It has a market share of 13.2% as of March 2017 making it the third largest airline in the country by number of domestic passengers carried. The airline operates over 300 daily flights to 45 Indian destinations from its hubs at Delhi, Kolkata and Hyderabad.
On May 18, 2005 SpiceJet opened bookings and operated their first flight on May 24, 2005 between Delhi and Mumbai. Indian media baron Kalanidhi Maran acquired 37.7% stake in SpiceJet in June 2010 through Sun Group. The airline ordered 30 Boeing 737-8 aircraft worth US$2.7 billion July 2010 and 15 Bombardier Q4 Dash short-haul aircraft worth US$446 million in December of the same year. In 2012, Kalanidhi Maran increased his stake in the airline by investing ₹1 billion (US$16 million) in…
Air India is one of the oldest Indian airlines that is part of the Government of India enterprise. This is one of the most popular airlines in India that has domestic as well as international flights. The headquarters for this airline is at the Indian Airlines House in New Delhi. On 21 February 1960, it took delivery of its first Boeing 707–420 named “Gauri Shankar” and became the first Asian airline to induct a jet aircraft in its fleet. With a market share of 13% (as of March 2017), it became the fourth largest domestic airlines in India in terms of passengers carried, after IndiGo, Jet Airways and SpiceJet .
It is owned by Air India Limited, a Government of India enterprise. The airlines operates a fleet of Airbus and Boeing aircrafts serving 90 domestic and international destinations. Air India has its main hub at Indira Gandhi International Airport, New Delhi and a secondary hub at Chhatrapati Shivaji International Airport, Mumbai. It has its headquarters in New Delhi. Air India…
The company has its headquarters in Gurugram, Haryana. Its Chief executive officer is Mr Koustav Dhar. Zoom Air is the brand name for Zexus Air Services. Zoom Air has been funded with a sum of around US$ 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.
In the year 2006, Indigo, today's one of the fastest growing low cost carriers in the world and one of the largest profitable airline in India was established by Rahul Bhatia & Rakesh Gangwal. The Cost Reduction Business model that has been adopted by the airlines effectively reduces its operating costs. Airbus A320 has been adopted as the sole aircraft type that they usually purchase in bulk from the Airbus company. This saves a great deal of time while the training of the Airlines crew. The airlines allows 15 Kg of Baggage for the passengers.
The Headquarters are located at Gurugram, Haryana. The company was founded as a private company, but went public in 2015. The airline operates to 46 destinations (and growing). It has its primary hub at Indira Gandhi International Airport, Delhi. They have a 42.6% market share in terms of passengers carried according to last year's data. Earlier on 15 August 2015, IndiGo confirmed the order for 250 "A320 Neo" aircraft for $26.5 billion.…
The airline began operations as an air taxi operator in 1993 after being incorporated in April 1992 as a limited Liability Company. Its Domestic services became fully operations in 1995.In the year 2005, the Airlines was shifted to the public sector. Air Sahara, the Airlines Giant of that era was annexed by the Jet Airways. That merger enabled them to emerge as the largest carrier in the country by 2010.
Its main hub is at Chhatrapati Shivaji Terminus and secondary hubs at Indira Gandhi International Airport, Kempegowda International Airport, Chennai International Airport and Netaji Subhash Chandra Bose International Airport.
The Airlines started with a fleet of four leased Boeing 737-300 aircraft. Initially around 1994, all the equity capital was held by Naresh Goyal (60%), Gulf Air (20%) and Kuwait Airways (20%), the…
Air Asia India is one of the most popular airlines which is headquartered in Chennai. This is a joint venture with Air Asia Berhad holding 49% and TATA Sons holding 40.06% and Telstra Trade place holding the remaining 10%. This is an Indo-Malaysian airline which is a low cost carrier. Launched in June 2014, Air Asia is all set to take up international flights too. AirAsia is the first foreign airline to set up a subsidiary in India and the company marked TATA's return to the aviation industry after 60 years, having seeded Air India in 1946.
AirAsia planned to begin operations to various tier 2 and tier 3 cities with Chennai International Airport as its main operating base., the airline announced the shifting of its base to Bangalore and its first flight from there to Goa on May 30, 2014. AirAsia operated its maiden flight on 12 June 2014. Indira Gandhi International Airport, Delhi became the secondary hub for their North Indian operations on June 2015.
They have a fleet of 10 Airbus…
Jehangir Wadia, son of Indian industrialist Nusli Wadia founded GoAir in 2005. The airline is a fully-owned subsidiary of the Wadia Group. It is a low-cost carrier based in Mumbai, India. GoAir commenced its operations on 4 November 2005 using an Airbus A320 aircraft and operated its maiden flight from Mumbai to Ahmedabad. Though, the airline initially operated to four destinations including Goa and Coimbatore with a single aircraft, it had plans to induct 36 aircraft by the year of 2008. They launched services for new destinations in North East and South India by the end of the year but with revised plans to operate 11 aircrafts as there was a significant increase in the price of fuel.
GoAir became the fifth largest airlines in India in terms of market share in April 2012, following the demise of Kingfisher Airlines. In 2013, investment bank JP Morgan was appointed by the airlines to scout for potential investors and other banking purposes. According to reports from the last year…
Vistara is a new Indian airline that is a joint venture between Singapore Airlines and TATA Sons. It commenced its operations in January 2015. The inaugural flight was between Delhi and Mumbai. The airline operates over 250 weekly services covering 10 destinations across India. Vistara is known to be the first airline to introduce premium economy seats on domestic routes in India.
The Airlines is based in Gurugram with its hub at Delhi i.e. Indira Gandhi International Airport. The airline transported more than two million passengers by the mid-2016 and had a 2.3% share of the domestic carrier market. The airline operates to nineteen destinations with a fleet of Airbus A320-200 aircraft.
Vistara took delivery of its first aircraft at New Delhi on September 25, 2014. The airline took delivery of the last of its thirteen original Airbus A320 aircraft in October 2016. According to their business deals, they have placed an order of 7 Airbus A320neo aircraft which will be delivered to them…
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…
Air Pegasus is an Indian airline based in Bangalore. The airline is a subsidiary of the ground holding services company, Decor Aviation. Air Pegasus started its operations in April 2015 with the inaugural flight flying between Bangalore and Hubli. Air Pegasus operates from its main hub located at the Kempegowda International Airport in Bangalore.
Air Pegasus was serving eight airports aAcross South India with a hub at Kempegowda International Airport in Bangalore, using a fleet of three ATR 72-500 aircraft when they had to suspend operations on 27 July 2016, facing financial difficulties. Air Pegasus has signed an agreement to sell up to 74% stake to FlyEasy, which is yet to commence operations in India. With this sale, Air Pegasus hopes to resume operations from March 2017 keeping the focus on regional connectivity. At the time it suspended operations, Air Pegasus was operating three ATR 72-500s equipped with 66 economy-class seats.
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