After changing name from ‘Air Deccan’ to ‘Simplify Deccan’, a fresh round of name change is expected to happen with the new name most likely to be ‘Kingfisher Max’.
And with growing ATF prices, the low-cost model certainly does not seem to work for now, as a result the low-cost characer of the airline would also go and it would operate on sectors with high load factor and low operating costs.
Normally, an underperformer, the Deccan Aviation stock saw hectic buying on stock exchanges on rumours of a reverse merger with Kingfisher Airlines after delisting itself from the stock exchange. Instead, Kingfisher Airlines would list itself on the stock exchange.
It is meant exclusively for the rich and famous. With India boasting of highest number of billionaires in Asia, the country would soon witness a mall that would be housing only luxury brands.