Air Pegasus takes off from Bengaluru

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

air

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
March 4,2020

Bengaluru, Mar 4: CM BS Yediyurappa may reconsider plans to hike taxes and curtail populist schemes in his budget on Thursday as the Centre released part of GST compensation it owes the state. Officials said the Centre released the first instalment of the bimonthly compensation for October-November amounting to Rs 2,013 crore.

"This is welcome relief as the government has been scrambling to mobilise funds," said BT Manohar, member of GST consultative committee, government of Karnataka. The second instalment of Rs 1,523 crore is also expected to be released soon.

The CM, in his seventh budget, is expected keep the focus firmly on farmers and give top priority to irrigation, agriculture and welfare schemes.

The irrigation sector is expected to land the lion's share with an allocation of at least Rs 25,000 crore, followed by agriculture. Former CM Kumaraswamy had allocated over Rs 17,000 crore for water resources.

The bulk of funds is likely to go to the Upper Krishna (UKP) and Upper Bhadra projects, as it will help backward Kalyana Karnataka and central Karnataka regions. The two are also significant political blocs. The government will also seek assistance from the Centre for the UKP project in the erstwhile Hyderabad-Karnataka region, which enjoys special status under the Constitution owing to its backwardness. P4

Yediyurappa is also expected to spell out populist schemes for the poor.

Former CM HD Kumaraswamy had allocated Rs 17,212 crore in the previous budget for water resources and Yediyurappa is likely to go well beyond that figure. "Priority will be given to irrigation and farmers," Yediyurappa had said recently. "I am making efforts to present a budget within the financial constraints."

he amounts are released once every two months, but the Centre had fallen behind on payments. PX

"There are indications that another payment will be made."

The state's optimism stems from the fact that the Centre's GST collection crossed the Rs 1 lakh crore-mark for four successive months till February.

However, the CM could still hike tax rates marginally. At a pre-budget meet on resource mobilisation where Yediyurappa is learnt to have expressed willingness to borrow funds, officials from the finance department advocated raising tax rates instead.

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News Network
March 27,2020

Mangaluru  Mar 27: Thinking that he might have contracted the coronavirus infection, a 55-year-old man has committed suicide in Bantwal taluk of Dakshina Kannada district.

The deceased has been identified as Sadashiva Shetty, a resident of Abbettu under Meramajalu village. He was working in a petrol bunk.

It is learnt that Sadashiva suspected that he might have come in contact with coronavirus infected people while working in the petrol bunk.

He was scared that the same might get transferred to his family members through him. 

He was depressed for past few days. Today, he hanged himself from the ceiling fan of his house, sources said.

A case has been regarded at the Bantwal rural police station and investigations are on.

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News Network
March 11,2020

Bengaluru, Mar 11: Amid the prevailing political uncertainty in Madhya Pradesh with Jyotiraditya Scindia's exit, Congress leader DK Shivakumar on Wednesday asserted that "leaders may come and go but no one can destroy Congress."

"No one can destroy Congress. Leaders may come, leaders may go, that doesn't make any difference," said Shivakumar while speaking to news agency on the current political scenario for Congress in Madhya Pradesh.

Speaking about the Madhya Pradesh Congress MLAs, who are lodged in Bengaluru, he said: "All the Madhya Pradesh MLAs who are here do not want to lose their membership. I am sure they will understand, go back and save the government."

On Tuesday, Congress sent two of its leaders -- Sajjan Singh Verma and Govind Singh -- to Bengaluru in order to pacify some of the rebel MLAs who are lodged in a hotel there and who claimed to have resigned from the state Legislative Assembly.

After meeting with 19 party MLAs who have tendered their resignations, Congress leader Sajjan Singh Verma on Wednesday said they are neither willing to support Jyotiraditya Scindia nor in favour of joining BJP as they were "misled and taken to Bengaluru" in Karnataka.

"Nobody is ready to go with Scindia ji. They said they were misled and taken to Bengaluru, most of them said they are not ready to join BJP," Verma told ANI on being asked about the 19 MLAs.

"I just came from Bengaluru and now I am going to Jaipur. Besides 5-6 ministers and one MLA, we all are going to Jaipur. They (MLAs) have said they have the blood of Congress and they will remain in the party. Since Scindia was a senior party leader, all our MLAs followed his order as a courtesy," he said.

The Congress leader further claimed that BJP is using both "muscle and money power" to influence Congress MLAs.

He also claimed that he is strongly in contact with 7-8 BJP MLAs.

Most of the rebel MLAs are perceived close to Scindia and are apparently unhappy at Scindia being "ignored" in the party. The grand old party has been witnessing an internal turf war in Madhya Pradesh since the party formed the government in the state in 2018.

Scindia is likely to join BJP later today.

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