European aviation major Airbus has signed an initial pact with the US-based helicopter transport services provider BLADE's Indian subsidiary, FlyBlade India, to help develop the on-demand helicopter services market in South Asia.
Under the memorandum of understanding (MoU), Airbus and BLADE will collaborate to create awareness about on-demand helicopter services, among helicopter operators, customers and other stakeholders in the region, a statement said on Friday.
BLADE had in December 2018 formed a joint venture with equity investment firm Hunch Ventures to launch its services in the country.
"BLADE recognises Airbus as an industry leader in aviation and is looking to leverage its global knowledge and networks in creating a sustainable urban air mobility ecosystem," said Karanpal Singh, founder of Hunch Ventures.
This, coupled with the company's on-ground consumer knowledge, will help find mobility solutions for various on-demand and mission critical applications such as healthcare, he added.
Besides, the two partners will also work together to identify ways to increase BLADE's fleet size in South Asia. One of the ways to do so will be by supporting BLADE to gain access to the Airbus fleet of helicopters available with its operators in the region, it said.
19/02/21 PTI/Economic Times
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