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…
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…
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…
Turkish Airlines is the national airline of Turkey. The airline’s prime hub is Atatürk International Airport, Istanbul, while the secondary hubs are located at International Airport, Ankara and Sabiha Gokcen International Airport (SAW), Istanbul. Turkish Airlines was founded on May 20, 1933 under the name “State Airlines Administration” as a department of Ministry of Defense. Since its inception, the airline has grown at a consistent pace, by adding aircraft to its fleet and increasing its…
Virgin Atlantic Airways came into being, when Richard Branson, who was earlier, involved in music records business and had a company by the name 'Virgin Records', decided to enter airlines business. Virgin Atlantic’s forerunner, British Atlantic Airways, operated flights from the UK to the Falkland Islands, starting in 1982. Branson bought British Atlantic Airways and the new airlines - Virgin Atlantic Airways - began its operations on June 22, 1984. The airline's inaugural flight was between…
The origin of South African Airways can be traced back to 1934, when the South African government purchased an airline named 'Union Airways' and renamed it to South African Airways. The airline first flew to Cape Town, Durban and Johannesburg. In 1935, South African Airways took over South-West African Airways, which since 1932, had been providing a weekly air-mail service between Windhoek and Kimberley. During the same decade, the airline entered international market, by plying flights to…
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