Saturday, July 28, 2007

Gopinath to unveil new biz opportunities

New Delhi: Air Deccan founder Captain Gopinath is all set to 'unlock' several opportunities of the aviation business that aim at making India the hub of "aviation BPO" for the world. In the next three months, Gopinath is going to lauch four new businesses in association with his new partner, UB Group's Vijay Mallya. These are — a new charter company; airport construction; MRO and pilot training.
"We are going to hive off the charter business from Air Deccan and form a separate company. Together with Kingfisher, we have the largest fleet of 75 new aircraft in India with 150 more already ordered," Gopinath said.
Air Deccan is also in talks with some big Indian players to begin an airport construction arm. This JV will have four equal partners. "We will mainly be looking at low cost basic airports across the country," he said. With Air Deccan as a partner, the LCC airports won't have to worry about getting adequate traffic. "Air Deccan and Kingfisher will come up with a jointly-owned MRO facility in India. With our low costs, we should be able to offer the best services at competitive rates," he said. A pilot training institute is also on the radar. Gopinath said all these ideas will take shape in the next two to three months, without disclosing the finances required to implement them.
28/07/07 Saurabh Sinha/Times of India
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