Deccan Aviation, which is in the process of merging its Deccan subsidiary with Kingfisher Airlines, reported a pre-tax loss of INR1.98 billion ($49.6 million) in the third fiscal quarter ended March ...
MUMBAI, Jan 25 (Reuters) - Deccan Aviation Ltd. posted a maiden net profit after its listing, in the quarter to December, helped by assignment of aircraft purchase rights and rising ticket yields, a ...
Deccan Aviation, parent of Indian LCC Air Deccan, sold rights to future aircraft deliveries to South Way Aircraft Trading of the Cayman Islands, a special-purpose vehicle, in a $100 million ...
The airline quickly positioned itself as a no-frills carrier with the aim of connecting Indian metros and non-metros, and the airline’s founder, Captain GR Gopinath, announced that Air Deccan was “the ...
On December 18, 2007, Captain G R Gopinath was executive chairman of Deccan Aviation, the company he created with a lot of chutzpah, a little money and one big dream: to bring air travel within the ...