58888:adec | IND:Others - Not Mentioned | ISIN code:INE438H01019 | SECT:General
The Company History page lists out the major events in chronological order for Kingfisher Airlines Ltd.
|Company History - Kingfisher Airlines Ltd.|
|We were initially incorporated as a private limited company on June 15, 1995 in Karnataka
with the main object of pursuing chartered aviation services both for commercial and non
commercial purposes in India and to provide all aviation’s related services. Our Company
was promoted by Capt. G.R. Gopinath, Capt. K.J. Samuel and Capt. Vishnu Singh Rawal.|
We operate Air Deccan, a leading low-cost airline in India, and Deccan Aviation, a leading private helicopter and airplane chartering service in India.
Post our incorporation as a private limited company we were converted to a public limited company by a resolution of the members passed at the EGM held on January 31, 2005. The fresh certificate of incorporation consequent on change of name of our Company was received on March 14, 2005 from the RoC.
Our Company was incorporated with its registered office at 53, Infantry Road, Bangalore 560 001, which was subsequently shifted to Jakkur Aerodrome, Bellary Road, Bangalore 560 064 consequent to the approval of the shareholders on September 30, 2002. Pursuant to the approval of our shareholders on October 22, 2005, the registered office of our Company was subsequently shifted from Jakkur Aerodrome, Bellary Road, Bangalore 560 064 to 35/2, Cunningham Road, Bangalore 560 052.
Key events and milestones:
Year Key Events, Milestones and Achievements
September 1997 Launch of first Helicopter by Deccan Aviation. First base opened at Jakkur.
January 1998 Introduction of second helicopter into Deccan Aviation fleet.
June 1998 Opening of second base in Hyderabad.
October 1998 Long term contract signed with Cairn Energy for exploration and opening of third new base at Yanam.
December 1998 Commencement of Offshore flying operations
May 1999 Conclusion of arrangement with Helicopter Leasing Corporation and introduction of four helicopters.
June 2001 First fixed wing aircraft introduced into Deccan Aviation fleet
November 2001 Second fixed wing aircraft introduced into Deccan Aviation fleet
November 2002 Commencement of Vaishno Devi operations.
August 2003 * Launch of Air Deccan; first ATR 42 320 aircraft acquired.
* First Air Deccan flights take place on Bangalore-Hubli and Bangalore-Mangalore sectors.
April 2004 * Induction of fifth aircraft (ATR 42-500) into fleet.
* Launch of flights on Mumbai - Ahmedabad, Mumbai - Chennai and Mumbai - Kolhapur - Belgaum sectors.
August 2004 * Induction of First Airbus A 320 into fleet. Launch of Rs. 500 ticket schemes.
* Launch of flights on Delhi - Mumbai, Delhi - Bangalore and Mumbai - Bangalore sectors
September 2004 Induction of second Airbus A 320 and launch of flights on Chennai - Delhi flights
November 2004 Launch of travel agent credit cards.
December 2004 Launch of flights on Chennai - Kolkata sector
March 2005 Introduction of Fourth and Fifth Airbus A-320. Air Deccan enters into tie up arrangement with Club HR
September 2005 Fleet strength reaches 20 Aircraft
October 2005 Crossed 2.5 million passengers
December 2005 Connected the most number of destinations in India (46)
-Air Deccan join hands with SBI to offer e-ticketing
-Air Deccan signs alliance with Jet Airways for code sharing
-Air Deccan appoints Shabbir Khambatta as Vice-President Airport Services.
2007 - The boards of Kingfisher Airlines and Deccan Aviation decided to merge both the airlines. The name of the merged entity will most probably be Kingfisher Airlines.
-Company has changed its name from Deccan Aviation Ltd. to Kingfisher Airlines Ltd. 2008
- Deccan Aviation Ltd has informed that in terms of the Composite Scheme of Arrangement between Kingfisher Airlines Ltd, Deccan Aviation Ltd, Deccan Charters Ltd and their respective Shareholders and Creditors sanctioned by the Honble High Court of Karnataka vide Order date June 16, 2008, the name of the Company has changed from "Deccan Aviation Ltd" to "Kingfisher Airlines Ltd" w.e.f. September 05, 2008.
-The company has announced that it has tied-up with Disney Publishing, a global publisher of children`s magazines and books, to provide specially-designed in-flight entertainment to children, reports agency sources.
-Registered Office of the Company has been shifted From 35/2, Cunningham Road, Bangalore 560052 To UB Tower, Level 12, UB City, 24, Vittal Mallya Road, Bangalore 560001.
- Kingfisher Airlines Ltd appointed Mr. S R Gupte as an Additional Director of the Company
-The company is targeting an equity infusion of around Rs 20 billion through strategic and financial investors and may even monetize aircraft order book over the time.
-Kingfisher Airlines gets nod for 7 global routes
-Kingfisher Airlines joins oneworld alliance
-Kingfisher Airlines launched flights from Mumbai to Bangkok and from New Delhi to Bangkok.
-Kingfisher Airlines launch Delhi Kathmandu flights
-Kingfisher, Finnair pact to link Indian cities with Asia, Europe
-Mr Manmohan Singh Kapur has been apponited as Additional Director of the company.
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