Thursday, December 08, 2016

Viiking Ventures applies for operator permit, eyes RCS

Viiking Ventures, a company with interests across consumer products, hospitality, entertainment, realty and infrastructure industries, has applied for a non-scheduled operator permit (NSOP).
The firm is also considering to be a part of the government’s recently unveiled regional connectivity scheme (RCS).
This comes at a time when the government’s RCS initiative to connect remote parts of the country through air routes has found few takers among big airline operators—SpiceJet and Air India being the exceptions. The scheme, though, seems to have piqued the interest of smaller operators including new entrants.
“One thing is for certain, there is a need for regional connectivity in the aviation business. It is a welcome step that the government is waiving airport landing and parking charges. Couple of months back, we applied for NSOP. We are also surveying if being a part of RCS will be financially viable for us,” said captain Ashwani Bhakoo, director and chief operating officer of Viiking Aviation Pvt. Ltd, part of Viiking Ventures.
“The government has said it will help operators with viability gap funding (VGF). But, we will have to see the tune of VGF. The internal consultations are expected to be over in the next two months, following which we will approach the aviation ministry for talks,” he added.
08/12/16 Subhabrata Dasgupta/Infra Circle
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