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Air Pegasus history
Air Pegasus company history timeline
Air Pegasus took delivery of its first ATR 72 aircraft in September 2014.
It received its Air Operators Permit (AOP) on 24 March 2015 and subsequently commenced operations from 12 April 2015 with its inaugural flight from Bangalore to Hubli.
As the carrier failed to give assurance on resumption of its operation, DGCA suspended their flying licence on 22 November 2016.
In early 2017, Air Pegasus attempted to work with another airline that had not yet begun operations, FlyEasy; the latter company would buy a 74% stake in Air Pegasus.
Thomas expected to resume flights in the first quarter of 2018 using leased ATR 72-500s.
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