Turkish company Celebi Aviation Holding, which has expressed interest in bidding for the ground handling business of Air India, said it would expand operations and not rely solely on the inorganic route to grow in the country.
“Acquiring Air India will give us entry right away in about 60 airports across the country, but we cannot peg our India expansion plans only on Air India because it will be a bid. There is still an opportunity to grow in different destinations across India,” Canan Celebioglu, board member, Celebi Aviation Holding told ET.
She said that the company would also bid for ground handling rights in cases where the Airports Authority of India (AAI) has cancelled the contracts of the airports.
AAI has cancelled contracts at some airports, including in Kolkata and Chennai, and plans to invite fresh bids at these airports under the new aviation policy, which allows domestic carriers to do their own ground handling at airports in the country.
The regulator’s move has been opposed by the existing ground handlers. “We, along with our foreign investors and nationalised banks who had funded us for this project, are in a state of shock,” Prem Bajaj, chairman, Bhadra International India told ET. “Bhadra has complied with all the stringent conditions laid down by AAI, created world-class infrastructure at Indian airports and deployed around 4,000 well-trained, whole-time bonafide workforce as permanent employees on its roll.”
Celebi Aviation Holding, which currently offers ground handling services in Delhi, Mumbai, Cochin and Ahmedabad, had in August last year expressed interest in Air India’s ground handling subsidiary, which the government plans to sell along with Air India.
27/02/18 Mihir Mishra/Economic Times
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“Acquiring Air India will give us entry right away in about 60 airports across the country, but we cannot peg our India expansion plans only on Air India because it will be a bid. There is still an opportunity to grow in different destinations across India,” Canan Celebioglu, board member, Celebi Aviation Holding told ET.
She said that the company would also bid for ground handling rights in cases where the Airports Authority of India (AAI) has cancelled the contracts of the airports.
AAI has cancelled contracts at some airports, including in Kolkata and Chennai, and plans to invite fresh bids at these airports under the new aviation policy, which allows domestic carriers to do their own ground handling at airports in the country.
The regulator’s move has been opposed by the existing ground handlers. “We, along with our foreign investors and nationalised banks who had funded us for this project, are in a state of shock,” Prem Bajaj, chairman, Bhadra International India told ET. “Bhadra has complied with all the stringent conditions laid down by AAI, created world-class infrastructure at Indian airports and deployed around 4,000 well-trained, whole-time bonafide workforce as permanent employees on its roll.”
Celebi Aviation Holding, which currently offers ground handling services in Delhi, Mumbai, Cochin and Ahmedabad, had in August last year expressed interest in Air India’s ground handling subsidiary, which the government plans to sell along with Air India.
27/02/18 Mihir Mishra/Economic Times
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