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Kingfisher Airlines Ltd. Company History and Annual Growth Details

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 aviations 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

* 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)


-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.

- 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.


- 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.


- 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.
Oct 25, 12:00 am
Oct 25, 4:14 pm
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