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Home > Business India > Company Profiles: Kingfisher Airlines Ltd.

Kingfisher Airlines Ltd.
Registered & Corporate Office : No. 35/2 Cunningham Road Bangalore Karnataka - 560052 Tel: 41148190 - 99
Business Group: Mallya Group Industry Type: Transport - Air
Key Officials:
Capt. G R Gopinath
Mr. G N Bajpai
Capt. K J Samuel
Mr. Piyush Mankad
Mr. Anil Kumar Ganguly
Mr. Diwan Arun Nanda
Mr. Vijay Amritraj
Mr. A K Ravi Nedungadi
Dr. Vijay Maliya
Dr. Naresh Trehan
Vice Chairman & Non Exe.Dire
Additional Director
Non Executive Director
Additional Director
Director
Additional Director
Director
Additional Director
Chairman & CEO
Additional Director
Public Issue Date: 18/05/2006 BSE CODE: 532747 NSE CODE: KFAEQ
Face Value: 10 Market Lot: 1 ISIN: INE438H01019
Current PE: 0 Current Market Capital: 914.7265
Promoters %: 66.948
Promoters Shares: 90914393
Institution Investment %: 12.3462
Institution Investment Shares: 16765970
Auditor:
B K Ramadhyani & Co.
Banker:
Registrar:
Karvy Computershare Private Ltd Karvy House46 Avenue 4 Street No. 1Banjara HillsHyderabad 500034 Andhra Pradesh 23312454 23320251/751/752
Company History: We were initially incorporated as a private limited company on June 15 1995 in Karnatakawith the main object of pursuing chartered aviation services both for commercial and noncommercial purposes in India and to provide all aviation's related services. Our Companywas 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 leadingprivate helicopter and airplane chartering service in India.

Post our incorporation as a private limited company we were converted to a public limitedcompany by a resolution of the members passed at the EGM held on January 31 2005. Thefresh certificate of incorporation consequent on change of name of our Company wasreceived on March 14 2005 from the RoC.

Our Company was incorporated with its registered office at 53 Infantry Road Bangalore 560001 which was subsequently shifted to Jakkur Aerodrome Bellary Road Bangalore 560 064consequent to the approval of the shareholders on September 30 2002. Pursuant to theapproval of our shareholders on October 22 2005 the registered office of our Company wassubsequently 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.

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.

(Source: RTGSL)


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