What member of the Federation of Indian Airlines is the largest Asian low-cost carrier?
Federation of Indian Airlines The Federation of Indian Airlines (FIA) is an airline industry body in India. Its members are Jet Airways, IndiGo, SpiceJet and GoAir. As of March 2017, the four members of the FIA have a combined 80% share of the domestic aviation market. The functions of the FIA are carried out by an Executive Council composed of the heads of each of the member airlines.
Air Pegasus Air Pegasus was an Indian regional airline headquartered in Bangalore and based at Kempegowda International Airport. The airline was a subsidiary of Decor Aviation, an aircraft ground-handling services company. It commenced operations on 12 April 2015 with its inaugural flight between Bangalore and Hubli. The airline suspended operations on 27 July 2016, facing financial difficulties. At that time, Air Pegasus was serving eight airports across South India with a hub at Kempegowda International Airport in Bangalore, using a fleet of three ATR 72-500 aircraft. Their flying licence was suspended by DGCA on 22 November 2016.