Aakasame nee haddura - What happened to air Deccan?

[bhaigan]

Captain Gopinath's  dream taken to next level

UDAN-RCS, UDAN (Ude Desh ka Aam Naagrik) is a regional airport development and "Regional Connectivity Scheme" (RCS) of Government of India, with the objective of "letting the common citizen of the country fly",

[bhaigan]

https://en.wikipedia.org/wiki/UDAN

[Sachin200]

Gopinath himself tweeted , heavily dramatized Ani but captured the essence . I am wondering how his progress in latest innings !

[bhaigan]

23 minutes ago, Ellen said:

That’s interesting 👍, any idea why did they cease to operate despite profits ?

Go through this video completely

 

[Ellen]

6 minutes ago, Sachin200 said:

Further info for Malya interest 

Gopinath conceded that the money required for the acquisition of Air Deccan could have been one of the factors, but underscored that Mallya was forced to buy the low-cost airline to make it eligible to fly overseas.

"A domestic airline would not be allowed to fly overseas unless it has completed five years of local operations, which discriminated (against) Mallya. It was to favour Jet. Since he was competing against Jet Airways at that time, and wanted to fly international, he bought Air Deccan to overcome the five year rule," Gopinath said.

He (Mallya) asked the government to relax FDI in aviation, which at that time barred foreign airlines investing in Indian carriers. Jet opposed it and the government did not allow. "But when his airline (KFA) was grounded, hastily this policy was changed and the government permitted Indian carriers to get up to 49 per cent equity from overseas airlines," Gopinath said.

Gopinath also said that the luxury airline business model introduced by Mallya was "not fit" for the Indian market. In his latest innings in the aviation sector, Gopinath's Air Deccan started flights under the UDAAN scheme which aims to improve connectivity between smaller towns and larger cities.

Cooool. Thanks 

[Ellen]

Just now, bhaigan said:

Go through this video completely

 

sure thanks 
Thumb nail 😅

 

[Thokkalee]

Movie is not real story.. fictional version of a book.. 

at that time, all of the airlines were in losses.. due to restrictions on FDI, high oil prices etc... KF bought this and rebranded it as KF Red and continued as a low cost airline.. but losses piled up.. 

[Ellen]

2 minutes ago, Sachin200 said:

Gopinath himself tweeted , heavily dramatized Ani but captured the essence . I am wondering how his progress in latest innings !

Yea konni konni scenes aite baga tragedy chesesaru 

[bhaigan]

Just now, Ellen said:

Yea konni konni scenes aite baga tragedy chesesaru 

movie kabatti konchem dramatic version untadi

[Ellen]

Just now, Thokkalee said:

Movie is not real story.. fictional version of a book.. 

at that time, all of the airlines were in losses.. due to restrictions on FDI, high oil prices etc... KF bought this and rebranded it as KF Red and continued as a low cost airline.. but losses piled up.. 

ya take off chusi may be she figured out  a good script

[Ellen]

 

[bhaigan]

 

[Sachin200]

Not sure it ever made profits  ( 2004-06 ).  It was in loss during 2007.

 

[Pappu_Packitmaar]

Business Model was good, an entirely new segment..

It was mainly because of sabotage by interglove software that made air Deccan vulnerable...

The present market leader, Indigo’s parent company Interglobe Aviation was the main reason for the downfall of Air Deccan..

 

[Thokkalee]

10 minutes ago, Ellen said:

Yea konni konni scenes aite baga tragedy chesesaru 

Actually gopinath made some good money on the sale... he wouldn’t have made any money on it if not for the sale.. some say that this brought Mallya down