Wednesday, March 12, 2008

Blow for launch of Deccan Cargo

The proposed launch of Deccan Cargo recently received a blow when India's Home Ministry deferred approval of the operation.
The start up company failed to obtain required security clearance and was also denied a reliance proposal to import a new aircraft.
"So far, Deccan Cargo has not obtained security clearance from the home ministry and hence, we may not grant an initial no-objection certificate (NOC) to the company. We would consider it in the next meeting," said a civil aviation ministry official.
The sister company of Deccan Aviation had reportedly planned to initiate operations in Bangalore using three A310 freighters and ATR aircraft. The decision was worsened by news that 12 proposals for other airlines and aircrafts had received approval by the Aircraft Acquisition Panel - the government committee responsible for sanctioning aviation related clearances.
12/03/08 ArabianBusiness.com, United Arab Emirates
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