Air Pegasus

What Air Pegasus does

Air Pegasus is a private, for-profit Indian regional airline headquartered in Bangalore, Karnataka. Founded in 2014, the carrier is based at Kempegowda International Airport and operates within the Indian domestic regional aviation market, a segment that serves tier-2 and tier-3 city pairs and is partially supported by the government's UDAN regional connectivity scheme. The company is led by Managing Director Shyson Thomas and operates with a workforce of 101-250 employees according to available data.

No specific operational details are disclosed in the input: fleet composition (likely ATR-class turboprops typical of Indian regional carriers), route network, seat capacity, load factor, on-time performance, ticket pricing model, distribution channels (direct vs. OTA vs. GDS), and in-flight or ancillary product offerings are all absent from the source material. The corporate website is listed as airpegasus.in. Business model mechanics are therefore not directly evidenced; the standard regional-carrier model in India relies on per-ticket revenue, often supplemented by government viability gap funding on UDAN routes and ancillary fees (baggage, seat selection), but Air Pegasus's specific mix is unverified.

The available source material is thin and does not include funding history, investor composition, M&A activity, partnerships (codeshares, interline agreements, GDS integrations), regulatory milestones beyond basic incorporation, customer or corporate-travel accounts, technology stack, or any AI/ML capability disclosures. The description above is therefore limited to verified facts; further operational and financial detail would be required for any deeper analysis.

Name

Air Pegasus

Website

https://airpegasus.in

Company type

Private

Founded year

2014

Headcount range

101–250 employees

Short description

Air Pegasus is a private Indian regional airline headquartered in Bangalore, founded in 2014 and based at Kempegowda International Airport, operating domestic regional services with 101-250 employees under Managing Director Shyson Thomas.

Ownership category

akta.pro rank

Product category

Regional Airlines

NAICS

Scheduled Passenger Air Transportation (481111)

SIC

Air Transportation, Scheduled (4512)

akta.pro primary industry

Turboprop Regional Airlines (THABACAJ)

akta.pro secondary industry

On-Demand Scheduled Commuter (Part 135/Small Aircraft Scheduled) (THABACAN)

Keywords

• Regional airline services
• Domestic passenger flights
• Air transportation
• Scheduled flight operations
• Indian aviation carrier

Headquarters

HQ city

Bengaluru

HQ country

India

HQ region

Asia

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales

Core offering

Air Pegasus is an Indian regional airline that operates scheduled domestic passenger flights, headquartered in Bangalore and based at Kempegowda International Airport. The carrier sells passenger tickets for regional routes connecting Bangalore with secondary Indian cities.

Differentiator

Problem solved

Functional benefit

Products and services

• Scheduled Regional Passenger Flights

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves2 records

Broad incumbents

• IndiGo: India's largest airline by market share, operating a primarily domestic low-cost network that overlaps with Air Pegasus on regional and trunk routes, though at much greater scale.
• Air India: Indian flag carrier with both domestic regional feed and international long-haul; Air Pegasus competes with Air India for domestic regional passengers.
• Jet Airways: Indian full-service carrier (currently restructured/relaunched) with a domestic network that historically overlapped with regional airlines like Air Pegasus.
• AirAsia India: Indian low-cost subsidiary of AirAsia Group, operating domestic routes across India; competes with Air Pegasus for value-conscious regional travelers.
• SpiceJet: Indian low-cost carrier serving regional and trunk routes; competes directly with Air Pegasus for price-sensitive regional passengers.
• Go First (formerly GoAir): Indian low-cost carrier that operated a significant domestic network including regional routes; competes for the same regional price-sensitive traveler segment as Air Pegasus.

Direct peers

• TruJet: Indian regional airline operating turboprop aircraft on tier-2/tier-3 routes under the UDAN scheme, closely comparable to Air Pegasus in business model and target market.
• Star Air: Indian regional carrier operating Embraer regional jets on underserved domestic routes; directly comparable to Air Pegasus on regional airline positioning.
• Alliance Air: Indian government-affiliated regional airline operating turboprops on tier-2/tier-3 routes, serving the same regional connectivity mission as Air Pegasus.

Emerging players

• Flybig: Emerging Indian regional airline operating small aircraft on underserved routes under UDAN; comparable as a newer regional entrant targeting similar thin-route markets.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights4 records

Customer concentration

• Xx.com/airpegasusindia
• Facebookfacebook.com/airpegasusindia
• LinkedInlinkedin.com/company/air-pegasus

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Air Pegasus