Thursday, March 1, 2012

LEPL all set to float new airline

VIJAYAWADA: The Vijayawada-based Lingamaneni group, which has interests in the realty and infrastructure business on Wednesday announced the launch of a new airline, Air Costa.

Lingamaneni Estates Private Ltd, popularly known as LEPL, said that it had secured the go-ahead from the Union civil aviation ministry to operate flights in the southern part of the country. Air Costa could be the first airliner in the country to operate on the regional routes, particularly in tier-II cities like Vijayawada, Visakhapatnam and Tirupati. The new airlines will be headquartered at Vijayawada with the corporate offices located in Hyderabad.
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