Deccan Aviation’s Sri Lanka JV launch delayed following violence

Mumbai: The Sri Lankan joint venture of India’s Deccan Aviation Ltd will delay the launch of scheduled operations following a rise in violence in the island country, a top official of the parent company said.
Deccan Lanka Pvt Ltd, 52% owned by the Indian company, had initially hoped to launch the services in October, but that would not be possible now, GR Gopinath, Deccan Aviation’s managing director, said on Wednesday.
“We are reviewing it and are waiting for the violence to subside,” he said. “The scheduled October launch will not happen.”
Deccan Aviation, which runs budget carrier Air Deccan, pins hopes on the Sri Lankan venture to start flying international routes as India allows only five-year old airlines on such routes.
The airline official had said Deccan Lanka could tap some of the aircraft scheduled to join the Indian firm’s fleet to start operations.
31/08/06 Financial Express

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