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The company is owned by Victory Park Capital, a Chicago-based investment firm. Silver Airways is headquartered in Fort Lauderdale (Florida) with a maintenance facility based at Gainesville Regional Airport in Florida. The airline operates under a principal code share and alliance agreement with United Airlines.
Air Pegasus is a brainchild of Shyson Thomas, a noted Indian businessman who also owns the Decor Aviation Private, Ltd. to which the airline falls under its management.o be headquartered in Bangalore, the airline will also make the city the main hub of its operations. Initially, it will focus on the southern cities of the country which it deemed underserved, thus demand is high enough to warrant sustainable operations. These cities include Cochin, Chennai, Hyderabad and Coimbatore.