Air Pegasus takes off from Bengaluru

[email protected] (CD Network)
April 12, 2015

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Bengaluru, Apr 12: India's latest low-cost airline Air Pegasus on Sunday launched its maiden service to Hubballi in north Karnataka for providing air connectivity in the region.

Union Civil Aviation Minister Ashok Gajapathi Raju flagged off the ATR-72 turboprop service at the Bengaluru international airport in the presence of state Law and Parliamentary Affairs Minister T.B. Jayachandra and others.

Hubballi, about 400 km from here, is a major commercial centre in the region, with a cluster of small and medium industries. Its twin city Dharwad is a major educational centre in the state.

"We will operate a daily flight between Bengaluru and Hubbali in the morning. The timings will be convenient to take connecting flights to other metros and cities from here," Air Pegasus managing director Shyson Thomas told reporters.

The city-based Decor Aviation Ltd, which secured permit from the regulator (DGCA) to fly across the southern region, will launch a daily service to Thiruvananthapuram in Kerala on Monday using an ATR aircraft.

"The new routes with a regional focus will help local business and boost tourism. We see huge potential for both business and leisure travel," union minister Raju said on the occasion.

The company has invested Rs.100 crore to launch the air service, with 3:1 equity-debt ratio.

The airline plans to add three more 66-seater ATR aircraft to the two such aircraft it has on dry lease by December.

"Kadapa in Andhra Pradesh will be our third destination from Bengaluru as it has no air connectivity. We will also launch a daily service between Chennai and Tuticorin and Tuticorin-Coimbatore in Tamil Nadu when we get the additional three ATRs," Thomas said.

Using the hub-and-spoke model, the airline plans to operate daily service to other cities and towns in Andhra Pradesh, Karnataka, Kerala, Tamil Nadu and Telangana over the next two years.

The airline has permit to launch service to and from any of the 22 airports across southern India, connecting tier-two and tier-three cities with cities and metros like Bengaluru, Chennai and Hyderabad.

Air Pegasus is the ninth carrier in the country and third new airline to launch service after Air Asia and Vistara during the past 12 months.

airpegasus

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News Network
January 6,2020

Bengaluru, Jan 6: Chief minister BS Yediyurappa has plenty on his plate ahead of the 2020-21 state budget to be presented on March 5 what with the economic slowdown and a sizeable shortfall in revenue, but the biggest worry is the uncertainty surrounding Goods and Services Tax (GST) compensation from the Centre.

There is also uncertainty over the state’s share under devolution of funds as per the 14th Finance Commission recommendation.

Finance department officials say that while Rs 3,500 crore is expected as GST compensation for every two months, the devolution of funds would have yielded about Rs 7,000 crore for the current fiscal. But the economic slowdown appears to have hit the Centre’s finances and is likely to impact the state’s share of funds.

“The GST payment for August-September came only in December and we are unsure how much we will get for October-November and December-January,” an official said. Estimates suggest the state’s share under devolution of funds could be reduced by half.

At a meeting of finance department officials last week, Yediyurappa is said to have admitted that unlike those states where non-BJP parties are in power — they have threatened agitations and court cases — the government cannot go “against” Prime Minister Narendra Modi’s regime.

Instead, Yediyurappa has urged senior IAS finance department officials to lobby for funds with their counterparts in New Delhi. On his part, Yediyurappa is said to have already written to Modi and finance minister Nirmala Sitharaman to at least release the state’s share of GST compensation for the current calendar year of 2019. He is planning to personally meet the PM in Delhi to push the state’s case.

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News Network
May 29,2020

Bengaluru, May 29: The hotel industry is one of the worst-hit industries due to lockdown, along with the tourism industry. Bengaluru's hotel industry has incurred a loss of around Rs 1200 crore during the lockdown period however, the hotels here are likely to open in June if the State government issues guidelines for the resumption of their services.

Speaking to media, PC Rao, President, Bangalore Hotelier's Association said, "It's not only the loss of business, but we have lost the customer base as well. 
We don't expect any good future for the next six months. There will be a slow down in the business even after opening."

"We have requested our CM to give first preference to the hotels. We are going to restart our business in June if granted permission. Around 10 per cent of the hotels cannot open at all. They are in the stage of merging or closing down position. Few hotels may open after five or six months," he added.

He continued saying that many hotels are for sale but there are no buyers. There are around 21,000 restaurants in Bangalore, 3500 hotels with rooms and restaurant which has an average turnover of Rs 20 crores per day, Rao informed.

"We expect losses of around Rs 1200 crores in these two months. We are giving special online training to all the hoteliers and to our managers particularly to deal with the COVID-19 situation, including how to deal with the guests, employees, how to start the hotel services. 

Each and every manager has already been trained and we are still continuing it. We will conduct face to face meeting as well and brief the managers," said Rao.

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News Network
March 15,2020

Bengaluru, Mar 15: The Karnataka government has intensified screening all international passengers at airports by classifying them into three risk categories.

Passengers, who are symptomatic on arrival fall under risk category 1, those aged above 60 and have Symptoms fall under category 2. Those who fall in both these categories are being quarantined at designated facilities for 14 days from arrival.

Asymptomatic passengers arriving from any of the COVID-19 affected countries will fall under category 3 and will be advised to be under strict home quarantine for 14 days, Medical Education Minister Dr K Sudhakar said here on Sunday.

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