Amidst the bloodbath that Indian aviation has become, with almost all the major carriers losing money being up in the air, there is another airline queuing up for launch shortly. This one is called Air Pegasus, and it intends to be a regional Low Cost Carrier, only operating in South India, connecting Bangalore, Chennai, Coimbatore, Tiruchchirappalli, Kochi, Thiruvananthapuram, Hyderabad, Hubli, Mangalore and Goa sectors. According to a story that broke on the Indian Express, the Government of India has already sanctioned to give away a No Objection Certificate to the airline operator, and subsequently, the airline will need to get its aircraft in place. After putting all the processes in place, the airline needs to go for a formal approval…
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