Hyderabad, Sep 25 (): Low-cost airlines Air Costa will start operating next month from Vijayawada. It is owned by Lingamaneni Estates and Projects Ltd (LEPL). It has received the air operator’s permit from DGCA.
This is the first airline company to have a base in Vijayawada. Announcement of flight schedules and sale of tickets will begin soon. Except for IndiGo, all other low-cost airlines are in the red and a big-ticket AirAsia is all set to start in India. ATF tax and rising oil prices to rupee slide have impacted all airlines.
With all the necessary permissions, low-cost airlines Air Costa will start operations with two E-170 and two E-190 Embraer E-Jets having a two-class cabin seating configuration and will offer comfort, class and cheap fares, said CEO (LEPL) Captain K N Babu.
Low-cost airlines Air Costa will link Vijayawada to Hyderabad, Chennai, Bangalore, Jaipur and Ahmedabad. Later on, it will fly to Goa, Pune, Madurai, Trivandrum and Vishakapatnam.
LEPL MD Ramesh Lingamaneni said that Air Costa would give a new travel experience to tier-II and III city travellers. The company has been expanding several multiplexes, commercial buildings, and developed a 500-acre satellite city.
The company has presence in power (wind and solar), health care (LEPL Aayush NRI Health Care Pvt Ltd) Hospitality (Rain Treepark Dwaraka Krishna), and education (Ken Bridge Schools).
And, an alliance with Inox multiplex is currently in possession of three Embraer Jets with a seating capacity of 67 each, which are ideal for regional short-haul flights between tier-II and III cities and metros.
Air Costa has bought one jet and leased the others. The idea is to link those markets not served adequately, said the low-cost carrier. The capacity will be kept under control and flights regulated by seasonal demand, said Babu.
The concept of the low-cost airline Air Costa was floated a year back with Vijayawada airport as its maintenance base and headquarters. Its staff have finished necessary training, and in first phase it plans to operate flights to six stations. LEPL says regional air services have a lot of potential with the economy of South Indian cities booming.