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Air Costa

Air Costa
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LECOSTA

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Commenced operations 15 October 2013
Hubs
Secondary hubs Vijayawada Airport
Focus cities Tirupati Airport
Fleet size 4 (+50 on order)
Destinations 9
Company slogan Happy Flying!
Parent company LEPL Group
Headquarters Vijayawada
Key people L.V.S Rajasekhar
(Director & CEO, LEPL Group)
Captain K.N Babu
(CEO, Air Costa)
Employees 740
Website Aircosta.in

Air Costa is an Indian regional airline based in Vijayawada, Andhra Pradesh. The first flight was on October 2013, from Chennai which is one of their main operating and maintenance hubs.[1][2][3] It is part of the LEPL Group, a Vijayawada-based company, and has started with 300 employees including expatriate pilots and engineers[4] and commenced scheduled operations in October 2013 using two Embraer E-170 aircraft.

The airline plans to focus on improving connectivity between tier II and tier III cities in India and has announced an investment of 150 million dollars by 2015.[5] The airline also plans to set up a Aircraft Maintenance, Repair and Overhaul (MRO) facility at Vijayawada Airport by 2015.[4] The airline currently has a maintenance centre at the Chennai International Airport.

History

The LEPL group received a No-Objection Certificate (NOC) from the Ministry of Civil Aviation in February 2012.[6] The airline initially planned to start operations with a fleet of Q400 aircraft. However, Air Costa's decision to acquire Embraer Jets was made public at the Paris Air Show in June 2013.[7] Air Costa received its Air Operators’ Permit (AOP) from the Directorate General of Civil Aviation (DGCA) in September 2013.[8]

Destinations

Air Costa flies to the following destinations, as of April 2015:

Country (State) City Airport Notes Ref
India (Andhra Pradesh) Vijayawada Vijayawada Airport Hub
India (Andhra Pradesh) Visakhapatnam Visakhapatnam International Airport Hub
India (Andhra Pradesh) Tirupati Tirupati Airport Focus city
India (Gujarat) Ahmedabad Sardar Vallabhbhai Patel International Airport
India (Karnataka) Bangalore Kempegowda International Airport
India (Rajasthan) Jaipur Jaipur International Airport
India (Tamil Nadu) Chennai Chennai International Airport Hub
India (Tamil Nadu) Coimbatore Coimbatore International Airport
India (Telangana) Hyderabad Rajiv Gandhi International Airport

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Fleet

Air Costa commenced operations with a pair of Embraer E-170 jets leased from ECC. Another two E-190 jets were delivered in December and January respectively. It will add two more E-190 aircraft by September 2015.[9] The airlines aims to have a total of 25 aircraft by 2018.[4] In May 2015 Air Costa announced that it will add three more Embraer E-190 aircraft in its fleet between September 2015 and January 2016 and plans to raise funds through a stake sale to a private equity investor. [10]

File:AirCosta 1.jpg
Fleet at Vijayawada Airport
Air Costa Fleet
Aircraft In Service Orders Options Passengers Notes
J</abbr> <abbr title="Economy">Y</abbr> Total
Embraer E-170 2 8
7 60 67 Leased from ECC
Embraer E-190 2 13
0 112 112 Leased from GECAS
Embraer E190-E2 25[11] 50 <abbr title="To Be Annunced">TBA</abbr> Deliveries starting 2018. Asian Launch customer.
Embraer E195-E2 25[11] <abbr title="To Be Annunced">TBA</abbr>
Total 4 71 50

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Air Costa ordered 50 E-Jets E2 aircraft from Brazilian manufacturer Embraer worth $2.94 billion,on 13 February 2014, as per a joint statement that both companies have announced.[11]

The deal with Air Costa also includes purchase rights for another 50 aircraft, was announced at the Singapore Airshow. Air Costa will become the first customer of the E-Jet E2 in the Indian market when it takes the first delivery in 2019.[12]

References

External links