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:
Jet Airways to cut flights on some routes after further losses Debt-laden Indian carrier Jet Airways Ltd will cut flights on less profitable routes and add capacity to more lucrative markets, as part of its effor… Read More
Pricing of Rafale jets can be discussed only if facts on deal come in public domain: SC New Delhi: The Supreme Court Wednesday said any discussion on pricing of the Rafale fighter jets can only take place if the facts on the deal are all… Read More
Jet Airways' Liabilities Surge After Third Consecutive Loss Jet Airways India Ltd. saw both current- and non-current liabilities surge in the second quarter, after intense competition and low fares led to its … Read More
Senior staff of Air India SATS, SriLankan Airlines held at Delhi Airport for smuggling gold New Delhi: Senior employees of Air India SATS and SriLankan Airlines are among three men held for allegedly smuggling gold worth over Rs 14 lakh at D… Read More
Jagan Mohan Reddy attack: Accused had access to check-in area only, says BCAS The Bureau of Civil Aviation Security (BCAS) has clarified that the person accused of attacking Yuvajana Shramika Rythu Congress Party (YSRCP) presid… Read More
0 comments:
Post a Comment