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Aviation setback: AAI cancels Air Odisha, Air Deccan licenses; UDAN flights affected
Fri, Nov 23, 2018
A senior AAI official said that the licenses for two routes of Air Odisha - Chhatishgarh and Chennai and one route of Air Deccan - Maharashtra, have been cancelled due to their inability to operate flights on the routes.
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New owner of Air Deccan, Air Odisha plans to invest $10 mln in the embattled carriers
Thu, Nov 01, 2018
Hussein, who is a Director of Sharjah-based Ghalia Petrol LLC, said immediate fund infusion is required for the two airlines. "We are a majority stakeholder in GSec Monarch Private Ltd, which owns Air Deccan and Air Odisha... The investment is through family-owned enterprises. An Indian company (is) investing into it," he told PTI in an interview.
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Aviation in India: Business is going to boom, says Shaishav Shah, MD, Air Odisha, Air Deccan
Fri, Aug 03, 2018
UDAN, aimed at making air travel affordable and widespread, has received mixed reactions from the industry so far. DNA Money spoke with Shaishav Shah, MD, of Air Odisha and Air Deccan about the experience and the challenges ahead.
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