Air Pegasus

Low Cost Carrier
Ceased Operations on 27-Jul-2016


Air Pegasus was a semi-low-cost regional carrier based at Bangalore International Airport. The carrier launched its inaugural services on 12-Apr-2015 to Thiruvananthapuram and Hubli. In Nov-2016, India's Directorate General of Civil Aviation (DGCA) suspended Air Pegasus' air operator permit (AOP) after the carrier failed to provide assurance on resumption of its operations. Air Pegasus had not been operating services since 27-Jul-2016 following its failure to pay lease rentals to lessors. On 05-Oct-2016, the DGCA had issued a show cause notice to Air Pegasus, asking why its AOP should not be suspended for its failure to carry out operations. Air Pegasus entered into a strategic partnership with ABC Aviation, Training Services Pvt. Ltd, FLYeasy planned to recommences operations from 01-Mar-2017. A relaunch date of May-2017 was advised however the carrier is yet to commence.

CAPA Profiles

CAPA Profiles help you identify new business opportunities and make better business decisions, by providing accurate and up-to-date data on airports, airlines, suppliers, investors, MROs, lessors and countries around the world. Each profile offers comprehensive news and analysis, as well as the ability to drill down into data on schedules, capacity share, fleet, traffic, financial results and more.

Become a CAPA Member

Our full profiles are only available to CAPA Members. CAPA Membership provides exclusive access to the information you need to monitor the competitive landscape and guide your organisation towards success.

It’s ideal for industry analysts, managers and executives who need a snapshot of the latest news, analysis and data from our global team, with the ability to export or email PDF reports in one click.

  • 5000+ airports
  • 3000+ airlines
  • 1600+ suppliers
  • 800+ airport investors
  • 250+ countries and regions
  • And more

CAPA Membership also gives you access to a customised selection of more than 400 global News Briefs every weekday, as well as a comprehensive Data Centre, Analysis Reports and Research Publications. You can also choose from our range of premium add-ons, including MRO Matrix, Route Maps, Fleet Data and more.