Anil, Mukesh fight hits Reliance air taxi ops

Mumbai: The fate of the Reliance air taxi operations now hinges on the outcome of the battle between Anil and Mukesh Ambani to establish which group has the right to construct and operate the hangar at the Mumbai international airport.
The Anil Ambani-controlled Reliance Transport and Travels Private Ltd (RTTPL) had moved the Bombay High Court seeking directions to the Airports Authority of India (AAI) to recognise RTTPL as the allottees of 2,701 sq mt plot for the hangar, instead of Reliance Industries Ltd (RIL), which is controlled by Mukesh.
The HC on Thursday dismissed the petition stating that it cannot direct AAI to decide the dispute between the two groups. The court advised the brothers to settle the dispute in a civil suit. The court has, however, restrained AAI from entering into a formal lease agreement for four weeks to allow time for RTTPL to move the civil court. The case pertains to RTTPL being granted a permit to operate a non-schedule air transport passenger service by the Director General of Civil Aviation in 2000.
22/02/07 Anshika Misra/Daily News & Analysis

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Categories: New feb 2007