New Delhi: Capt GR Gopinath-led Air Deccan is spreading its wings to the Gulf and Saarc region. The airline, sources told The Times of India, is in talks with private equity investors to set up joint venture low-cost airline companies in the Middle East and Saarc region.
"Negotiations are already underway and a decision on the final destination for the new overseas airline venture and the partner would be fixed over the next three to six months," a source close to the negotiations said.
Gopinath, when contacted, refused to comment on the matter. However, sources pointed out that the new airline venture would be similar to Deccan's current arrangement in Sri Lanka.
21/03/06 Byas Anand/Times of India
To Read the News in full at Source, Click the Headline
Wednesday, March 22, 2006
Home »
» Air Deccan eyes JVs in Gulf, Saarc
Air Deccan eyes JVs in Gulf, Saarc
Wednesday, March 22, 2006
Related Posts:
After Punjab, Haryana pitches for international airportChandigarh: Even as the Mohali International Airport in Punjab, on the outskirts of Chandigarh, is on the way to becoming a reality, the Congress Gove… Read More
Oil cos told to consider new jet fuel discountsMumbai /Delhi: Looking to ease soaring fuel costs and related passenger surcharges, the ministry of petroleum and natural gas has asked government-own… Read More
Pilots look to get their sums rightNew Delhi: It’s back to basics for hundreds of pilots who need a commercial pilot’s licence (CPL) to fly in the Indian skies. Read On … Read More
Pvt airlines told to fly more on unviable routesNew Delhi: In a move to ensure even distribution of air traffic in the country, the government has asked Vijay Mallya-owned Kingfisher Airlines and bu… Read More
Air India's domestic wing looking for Trainee PilotsApplications are invited from qualified pilots by National Aviation Company of India Limited (NACIL) to fill up existing vacancies of Senior Trainee P… Read More
0 comments:
Post a Comment