As part of revamping the operation, Air Pegasus will induct 24 aircraft in the next four years, of which six will be this year.
"Air Pegasus will continue as a regional airline operating in Tier II and Tier III cities, while Flyeasy airlines will operate as a Pan India operator with an all Airbus fleet and will have a commercial launch on May 2017", Shyson Thomas, the Managing Director of Air Pegasus, said in a release.
"Strategic partnerships and codeshares will be the future of Indian aviation and I feel that we have moved in the right direction" he added.
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