The story
Deccan 360 began operations in November 2009. The company was founded by Captain G. R. Gopinath, former owner of Air Deccan, which he sold to Kingfisher Airlines. Deccan 360 began with three Airbus A310 cargo planes and five ATR cargo aircraft, but the Airbuses had maintenance issues and were often grounded. Deccan returned the planes to the lessor in May 2011 and suspended operations in the same month.
The company was renamed Deccan Cargo and Express Logistics Pvt. Ltd.(DCEL) in 2007–2008, and has been ordered to wind up by the Karnataka High Court in a recent order based on petitions – one filed by Dubai-based United Aviation Services (UAS) and another by M/s Patel Integrated Logistics (PIL) Pvt. Ltd. – seeking recovery of amounts due to them by winding up the company.
From Wikipedia’s article on Deccan 360, shared under CC BY-SA 4.0.3