Air Deccan founder, Capt Gopinath, ventures into logistics with Deccan Cargo

19 Apr 2008

1

Capt GR GopinathBangalore: Capt GR Gopinath, founder-promoter of Air Deccan, India's first budget carrier, has announced his intention to launch a new cargo airline and logistics firm, Deccan Cargo, which will start operations by the end of the year.

Gopinath said he would own 100 per cent of Deccan Cargo, and that he would invest $200 million (Rs800 crore) in the new venture. Operations would commence with around nine leased A-310 aircraft.

Gopinath said that the funds to be deployed into the venture would be personal.

Currently vice-chairman of Deccan Aviation, which has been acquired by Kingfisher Airlines, Gopinath said he would run the cargo airline independent of the existing carrier.

Business History Videos

History of hovercraft Part 3 | Industry study | Business History

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2 | Industry study | Business History

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1 | Industry study | Business History

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | Industry study | Business History

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more
View details about the software product Informachine News Trackers