The airline is a subsidiary of Decor Aviation, an aircraft ground-handling services company based in Bengaluru and plans to keep costs low by outsourcing its airport operations to Decor Aviation
Air Pegasus took delivery of its first ATR-72 in September 2014 and received its Air Operators Permit (AOP) on March 24,2015 and subsequently commenced operations from April 12,2015 with an inaugural flight from Bangalore to Hubli
As of June 2015, Air Pegasus flies to these following destinations
| Country (State) | City | Airport | Notes | |
|---|---|---|---|---|
| India (Andhra Pradesh) | Kadapa | Cuddapah Airport | ||
| India (Karnataka) | Bangalore | Kempegowda International Airport | Hub | |
| India (Karnataka) | Hubli | Hubli Airport | ||
| India (Kerala) | Thiruvananthapuram | Trivandrum International Airport | ||
| India (Tamil Nadu) | Madurai | Madurai Airport | begins 26 June 2015 |
Air Pegasus is set to launch thrice-a-week flight to Madurai from from June 26,2015
Air Pegasus will focus on routes in South India from its hub in Bengaluru in its first year of operations and will create similar hubs in West and East India in the future.
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