IPO of Karnataka Airlines--------Bengaluru, 26th January 2014
Karnataka Holding is proud to announce that Karnataka Airlines has launched its IPO under the callsign BANG. The number 1 airline in Bengaluru serves actually 36 destinations in India and 14 international airports are reached by our network right now. The international network will be strongly extended in the forthcoming weeks, in cooperation with our partners of the Qualitas alliance.
The fleet of Karnataka Airlines consists of actually 37 aircraft, including Boeing 737 and Bombardier CRJ 700. The currently used fleet of AN 140A will be phased out in the next days.
Interlining partners are cautiously chosen and granted exclusivity in order to secure maximum efficiency and profitability for both partners.
Seating and service is on a high standard on all KAL flights, ensuring that all passengers leave our aircraft rested and looking forward for their next flight with our company. Our 1.854 employees work day and night for the satisfaction of our customers, and future investors can expect the same commitment when it comes to increasing their investments.
We are now looking for investors, willing to provide the company with capital for further expansion, especially long-haul routes. This investment will be a successful one, as a look at the numbers from the past shows. Karnataka Airlines has been growing strong since the beginning and will continue to do so:
Looking at the following points, it can be easily seen that Karnataka Airlines is set at success and will be a great investment for everyone:
- Number 1 airline in BLR
- Number 2 airline in India (in departures)
- Seat occupancy of at least 95% every week
- Already more than 400.000 passengers transported
- Profit margin of at least 45% every week
- Daily profits of around 1,6 Million AS$
- 25Million AS$ income in the last business week
- 18 CRJ700
- 15 B737
- Almost 1500 flights a week
Further financial details can be provided in case of interest. For any questions, feel free to contact the CEO Fabio ingame.
BLR and KAL. Your gateway to India.