Air Odisha Aviation Private Limited

Air Odisha Aviation Private Limited

Provides air transportation services through various types of aircraft and airbuses.
2011 | Khorda, Odisha (India) | Inactive

Last Updated:

April 25, 2024
HomeCompanyAir Odisha Aviation Private Limited

Who are the key members and board of directors at Air Odisha Aviation?

Executive Team (1)

NameDesignationAppointment DateStatus
Radhakanta Pani InManaging Director25-Jan-2011Current

Board Members(2)

NameDesignationAppointment DateStatus
Ashutosh Pani In Director 25-Jan-2011Current
Manorama Pani In Director 25-Jan-2011Current

Financial Performance of Air Odisha Aviation.

Air Odisha Aviation Private Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 24.79% increase. The company also saw a substantial improvement in profitability, with a 74.62% increase in profit. The company's net worth observed a substantial decline by a decrease of 48.33%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
24.79%
Revenue from Operations
-10.67%
Total Assets
112.11%
Profit or Loss
74.62%
Net Worth
-48.33%
EBITDA
48.78%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹12.00 Cr

LenderAmountStatus

State Bank Of India

Creation Date: 19 Mar 2018
₹12.00 CrOpen

How Many Employees Work at Air Odisha Aviation?

Air Odisha Aviation has a workforce of 97 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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Latest Updates, News, and FAQs on Air Odisha Aviation

Recent activity within the organization

  • Charges

    A charge with State Bank Of India amounted to Rs. 12.00 Cr with Charge ID 100168207 was registered on 19 Mar 2018.

    19 Mar 2018

  • Annual General Meeting

    Air Odisha Aviation Private Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.

    30 Sep 2017

  • Balance Sheet

    Air Odisha Aviation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Cuttack.

    31 Mar 2017

  • Director Appointment

    Radhakanta Pani was appointed as a Managing Director was appointed as a Managing Director on 25 Jan 2011 & has been associated with this company since 13 years 10 months .

    25 Jan 2011

  • Director Appointment

    Ashutosh Pani was appointed as a Director was appointed as a Director on 25 Jan 2011 & has been associated with this company since 13 years 10 months .

    25 Jan 2011

  • Director Appointment

    Manorama Pani was appointed as a Director was appointed as a Director on 25 Jan 2011 & has been associated with this company since 13 years 10 months .

    25 Jan 2011

Recent News, Updates & Announcement

  • news
    AAI Urges Air Deccan and Air Odisha to Begin Flights on Won Routes or Face Consequences in a Month Under UDAN Scheme.

    AAI to Air Deccan and Air Odisha: Start flying on routes you won or we'll come for you in a month. UDAN scheme aims to connect small airports and make flying cheaper. But delays and unprepared airports causing problems. AAI boss says 18-19 airports ready, but two airlines not ready to fly. Notices sent, but no names mentioned. Air Deccan and Air Odisha won 84 routes, but only flying on 3 each. Other airlines also won bids. Gov't helps with money, but some airports not ready. AAI says airlines can start from ready airports. We're not perfect, but we're trying. #UDAN #AirDeccan #AirOdisha #Delays #SmallAirports #FlyingProblems #GovtHelp #NotReady #TryingHard #AAIBoss #Notices #ReadyAirports #WeGotThis #JustDoIt #FlyHigh #UDANScheme #ViabilityGapFunding #CentralGovt #StateGovt #IAS #RAM #SBT.

    27 Mar 2018 Times Of India

  • news
    GSEC Monarch Aviation Takes Over Air Deccan and Air Odisha, Launching 108 Daily Flights Tomorrow.

    Air Deccan and Air Odisha have been bought over by GSEC Aviation and Monarch Networth Capital, with Gopinath's Air Deccan holding 50% stake. The new company, GSEC Monarch Aviation, will run both airlines. The Adani family is involved through GSEC Aviation, owned by Rakesh Shah, who is married to Gautam Adani's sister. Air Odisha will launch its services tomorrow, with 50 routes under the regional connectivity scheme. Gopinath will be the chairman, Shaishav Shah the MD, and Himanshu Shah the deputy MD. This is Gopinath's third aviation venture, with Air Deccan being sold to Kingfisher in 2007 and a cargo venture with Mukesh Ambani. Air Odisha was granted a flying permit last Tuesday and will start operations tomorrow, with its first flight to Mundra, home to Adani's port and SEZ. Air Deccan was revived last year and started operations in December. Gopinath had previously announced a partnership with Air Odisha to share resources and networks. Together, the two airlines plan to operate 108 daily flights with a fleet of 12 planes..

    16 Feb 2018 Times Of India

  • news
    Air Deccan, Air Odisha join hands to save costs.

    India Business News: Mumbai, Dec 27 () Air Deccan, which recently commenced operations with flight services to Jalgaon, has forged a partnership with Air Odisha, under whi.

    27 Dec 2017 Times Of India

Frequently asked questions

  • Air Odisha Aviation Private Limited was incorporated on 25 Jan 2011.

  • The authorized share capital of Air Odisha Aviation Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 10.00 Cr.

  • Currently 3 directors are associated with Air Odisha Aviation Private Limited.

    • Manorama Pani
    • Radhakanta Pani
    • Ashutosh Pani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Air Odisha Aviation Private Limited is Plot No Mig -99, Rajiv Nagar Po. Aiginia, Bhubaneswar, Orissa, India, 751019.

  • The corporate identification number (CIN) of Air Odisha Aviation Private Limited is U62200OR2011PTC013043 and the company number is 013043 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Air Odisha Aviation Private Limited is https://www.airodisha.com

  • According to the financial reports for the fiscal year 2017, the revenue trend for Air Odisha Aviation Private Limited has risen by 24.79%.

  • As Per 2017 financial reports, 97 employees are currently employed by Air Odisha Aviation Private Limited.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Air Odisha Aviation Private Limited has experienced an downturn of -48.33%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Air Odisha Aviation Private Limited amount to ₹ 12.00 Cr.

  • The most recent Balance Sheet for Air Odisha Aviation Private Limited was filed with the ROC on 31 Mar 2017.

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