Liquor Baron Vijay Mallya of UB/Kingfisher fame, is all set to launch a new low-cost airline, tentatively called Kingfisher Airlines.
The no-frills airline will have a fleet of eight aircraft in the beginning. The company will file its application for a licence to start the airline with the civil aviation ministry next week.
The aircraft will be partially taken on lease, while some will be acquired by the company. The airline, to be based in Bangalore, will cover all the major metro and non-metro routes.
"Though it will be a no-frill low-cost carrier, it will be a different experience. We will cover all the important routes," Mallya said.
Air Deccan, India's other low-cost airline is also based in Bangalore. Rediff has this story. The Economic Times is also carrying a report.
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