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Air Pegasus seeks DGCA and civil aviation ministry’s nod to resume operation
Bengaluru-based Air Pegasus, which ceased operations in July last year, plans to take flight again with a plane that once flew for the now-defunct Kingfisher Airlines.
In a proposal submitted to the civil aviation ministry and the Directorate General of Civil Aviation (DGCA), the regional carrier has said that it wants to restart operations with an ATR-72 aircraft, which was once operated by Kingfisher Airlines under VT-DKJ registration. The aircraft was first imported by Deccan Airways in 2006. Deccan Airways was later acquired by Kingfisher Airlines, which continued operating this aircraft till it shut operations in 2012.
Air Pegasus has also sought approvals from the DGCA to import the aircraft, which is currently at maintenance, repair and overhaul centre in Malaysia. “We have asked permissions for import of aircraft. We will start operations as and when we get the approvals to import the aircraft, as we have the required staff to start operations,” Shyson Thomas, managing director at Air Pegasus told ET. The airline, which had started operations in April 2015, ceased operations due to cash shortage.Its flying licence was suspended in March 2016.
The airline has invested Rs 33 crore in restarting operations. Of this, the promoters have infused Rs 13 crore while Rs 20 crore has come from a 30% stake sale.
“The new investor is a Bengaluru-based investor. We would not like to name the investor right now,” said Thomas. Mike Remmers Womens Jersey
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