Friday, September 21, 2007

InterGlobe plans exclusive airport to handle private, business jets

Mumbai: Gurgaon-based airplane selling and servicing company InterGlobe General Aviation Pvt. Ltd is in talks with several companies, including Reliance Industries Ltd, the Tata group and Reliance Anil Dhirubhai Ambani Group (R-ADAG) to set up a dedicated airport facility for private and business jets.
InterGlobe, promoted by InterGlobe Enterprises, which has promoted low-fare airline IndiGo, plans to invest in fixed base of operations, popularly known as FBO, for private jets that are much smaller than passenger planes. FBOs are exclusive facilities that offer parking, fuelling, ground handling, maintenance, pilot management and other services for private jets of wealthy individuals or corporate houses.
However, a personal familiar with the situation, who didn’t want to be named, said InterGlobe was in discussions with business groups such as Reliance and the Tatas. Executives of these companies declined to comment for this story.
Some of these companies are keen to develop the Juhu airport as a FBO while other options are evaluated in Delhi, Chennai and Kolkata.
21/09/07 P.R. Sanjai/Livemint
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