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      Deccan Aviation

      Deccan Aviation operated one of India's leading low cost airlines, Air Deccan. The company launched its service in September 2003. Air Deccan was also a small but leading provider of air charter services in India. In June 2007, the UB Group (promoter of Kingfisher Airlines) acquired a stake in Air Deccan. The UB Group undertook a major re-branding exercise at Deccan and the 'Deccan' brand name was dropped and replaced by 'Kingfisher Red'.


      Investment date: March 2005

      Country: India

      Industry: Industrials

      Status: Realized

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