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Air Pegasus Low-Cost Carrier illustrationLow-Cost Carrier
Airlines
OPActive

Air Pegasus

India
0
Routes
0
Hubs
PPL
ICAO
OP
IATA
AirlinesAirports profile

Regional connectivity across southern India.

Founded
2015
Headquarters
Bengaluru, India
Air Pegasus was an Indian regional airline that operated scheduled passenger services primarily in southern India. The carrier aimed to connect smaller cities and towns with major urban centers, filling gaps in regional air connectivity. The airline commenced operations in 2015 and was headquartered in Bengaluru, Karnataka. It operated a small fleet of turboprop aircraft targeting underserved routes under India's regional aviation framework. Air Pegasus suspended operations in 2017 due to financial difficulties, including challenges with cash flow and the competitive pressures of the Indian aviation market. The airline was unable to resume services and effectively ceased functioning shortly thereafter.
Hubs & network
Air Pegasus primarily operated out of Kempegowda International Airport in Bengaluru, serving destinations across southern India.
Fleet
The airline operated ATR 72 turboprop aircraft on its regional routes.
Notable facts
  • ›Air Pegasus commenced commercial operations in February 2015.
  • ›The airline focused on connecting tier-2 and tier-3 cities in southern India.
  • ›Operations were suspended in mid-2017 due to financial difficulties.
  • ›The carrier held IATA code OP and ICAO code PPL.
  • ›Air Pegasus was one of several small regional carriers to struggle in India's competitive low-cost aviation environment.
Wikipedia
This profile is provided for general information only. Contact details may be inaccurate or outdated — always verify with the airline's official website before acting on them.

Primary hubs

No hub data available.

Route network

No route data available.

Encyclopaedia

Air Pegasus was a short-lived Indian regional airline headquartered in Bangalore and based at Kempegowda International Airport. The airline was a subsidiary of Decor Aviation, an aircraft ground-handling services company. It commenced operations on 12 April 2015 with its inaugural flight between Bangalore and Hubli. The airline suspended operations on 27 July 2016, facing financial difficulties. At that time, Air Pegasus was serving eight airports across South India with a hub at Kempegowda International Airport in Bangalore, using a fleet of three ATR 72-500 aircraft. Their flying licence was suspended by DGCA on 22 November 2016. Managing director Shyson Thomas stated in late 2017 that Air Pegasus would return to the skies in early 2018, as the company had formed a relationship with Dawn Aviation and was about to settle all of its debts. Several cases have been filed against Air Pegasus chairmen Shyson Thomas, Shyna Thomas and son Ashwin Thomas who was managing director. Till date no debts have been cleared and Air Pegasus was stricken from the Indian business register as of 18th of April, 2023.

Read full article on Wikipedia

Entity data from open aviation datasets (OurAirports, OpenFlights) with AI-assisted editorial clearly marked. Always confirm time-sensitive details with the official airline website. Sources & verification