Air Pegasus plans INR1bn network expansion
Guest Writers are not employed, compensated or governed by TD, opinions and statements are from the specific writer directly
Bengaluru-based Air Pegasus is planning to invest INR1 billion (US$15 million) in the current financial year to expand its operations to more cities across southern India.
The Times of India reported Pegasus’ managing director, Shyson Thomas, as saying that the airline would expand its fleet and route map.
“The investment will be in addition to INR1 billion we have invested to launch our operations in the first year with three ATR aircraft, connecting five intra and inter-state cities. We are acquiring an additional five 70-seater ATRs this year on dry lease to connect more cities and expand our service to fly more people to places that remain unconnected in south India,” Thomas was quoted saying.
The airline will commence a thrice weekly service from Bengaluru to Puducherry on 25 April and daily flights to Panaji from 27 April, plus new routes to Kochi and Vijayawada. It is also planning to connect the regional hubs of Belagavi (Karnataka), Tuticorin (Tamil Nadu), Rajamundry and Tirupathi (Andhra Pradesh) from Bengaluru later this year.
The regional airline has a permit to fly to airports across southern India, connecting tier-two and -three cities with the larger cities.
Currently, the airline offers daily feeder services from Bengaluru to Hubballi and Mangaluru in Karnataka, Chennai and Madurai in Tamil Nadu and Thiruvananthapuram in Kerala. The airline also operates a daily service between Chennai and Madurai.
“We had to hire foreign pilots to operate our aircraft due to shortage of Indian pilots for the ATR fleet,” Thomas added.
Comments are closed.