Kolkata: The Pailan Group plans to begin short-haul flights from Kolkata's Behala Flying Club, if its tender for the 220-acre defunct flying club and pilot training institute is approved.
The other bidder in the running is G S Atwal and Company Engineers) private Limited.
The group will leverage its experience in the education industry for re-opening the training school, and its joint-venture with Nepal's Yeti Airlines for starting the commercial flight service from Kolkata to nearby destinations.
The initial project cost for the venture has been estimated at Rs 500 crore.
The Pailan Group has entered into a 51: 39 joint venture with Nepal-based Yeti Airlines for starting short-haul flights from the Behala Flying Club to destinations within West Bengal or in neighbouring states.
While Yeti will provide technical expertise, Pailan will be responsible for developing the infrastructure for the project and training pilots.
15/08/06 Business Standard
To Read the News in full at Source, Click the Headline
Tuesday, August 15, 2006
Home »
» Pailan group plans short-haul flights
Pailan group plans short-haul flights
Tuesday, August 15, 2006
Related Posts:
Lenders say no to Kingfisher’s Rs 4,000-cr part repayment bid Mumbai: Lenders have written to Kingfisher Airlines chairman Vijay Mallya’s legal counsel and separately to Kingfisher Airlines offices in Bengaluru,… Read More
New civil aviation policy likely to ground 5/20 rule New Delhi: The civil aviation ministry is likely to abolish the ‘5/20 rule’ that restricts companies from flying abroad unless they have flown in Ind… Read More
Air India to begin Bhavnagar-Mumbai flight from mid-April Ahmedabad: Bhavnagar is set to be back on the aviation map of India. A week after Jet Airways stopped the operations of only flight from Bhavnagar ai… Read More
Chandigarh airport not ready for international flights yet Chandigarh: Chandigarh international airport will have to complete its customs and immigration facilities for the international travellers by April 2… Read More
Ugadi special concert at international airport Bengaluru: The pre-Ugadi special for ‘Music at the Airport’ will be a performance by a 15-member choir on April 7 at 5.30 p.m. in the domestic depart… Read More
0 comments:
Post a Comment