BSE Live
Jun 22, 16:00Prev. Close
1.36
Open Price
1.36
Bid Price (Qty.)
0.00 (0)
Offer Price (Qty.)
0.00 (0)
NSE Live
Jun 22, 15:47Prev. Close
1.30
Open Price
1.30
Bid Price (Qty.)
0.00 (0)
Offer Price (Qty.)
1.30 (2000)
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)
2006
-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.
2009
- 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.
2010
-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
2011
-Kingfisher, Finnair pact to link Indian cities with Asia, Europe
2012
-Mr Manmohan Singh Kapur has been apponited as Additional Director of
the company.