VRL was a proposed Indian start-up planned to be based at Bengaluru Kempegowda International Airport. The start-up was proposed by VRL Group promoters' Vijay Sankeshwar and Anand Sankeshwar, as a personal venture separate from the operations of the freight-forwarding and logistics company. The VRL executives aimed to establish a new regional airline, with approximately INR14 billion (USD209 million) of capital. The investors stated they have not submitted an air operator's application, nor decided on a business model. However, Mr Sankeshwar has stated the two investors could establish the new venture as a full-service carrier, or adopt a low-cost model. In Jul-2016, VRL Logistics chairman and MD Vijay Sankeshwar confirmed the company no longer plans to launch a regional airline.
To have full CAPA Profile access you need a CAPA Membership
Your portal for aviation data
CAPA Profiles contain the most up to date news and analysis plus a comprehensive range of timely and reliable data including schedules, capacity share (passenger and cargo), fleet summary, traffic results (monthly and annual), financial results and more. Access Profiles for the latest statistics and insights on airlines, airports, suppliers, countries and regions.
I didn't realise all this traffic data was here. The data is much more up-to-date than the other results we usually use - I'll be using this from now on.- Air Services Development Manager, Airport Member.
Phone: +61 2 9241 3200 | Email: email@example.com