Air Deccan to induct business class Learjet

Bangalore: Low cost aviation player Deccan Aviation aims to induct Learjet business aircraft into its chartered service's fleet this calendar year, to boost the business that is growing at a rate of over 30% annually.
Speaking to FE, the company director - finance Mohan Kumar said that the chartered services business, with a current fleet size of ten helicopters, was expected to touch a revenue of close to Rs 60 crore during the current year.
Deccan already has three nine-seater aircraft in the chartered operations division. Eventually, the business jets' fleet could grow to 15 aircraft in five years, he said.
Kumar said that the company witnessed increasing opportunities in the chartered business division owing to heightened business activity in the country. The company currently operates helicopters for oil companies and is active in heli-tourism, medical evacuation etc.
Kumar said that the company's board had earlier planned to hive off its chartered business into a separate unit to give more focus and give distinct identity to the division. However, the process of separating the unit was not yet on, he said.
13/02/07 Reema Jose/Financial Express

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