Expert to chartered air operators: scale up or perishMarch 19th, 2008 - 11:31 pm ICT by admin
New Delhi, March 19 (IANS) Chartered plane operators in India will have to scale up their global operations during next three years or they may perish, says global consultancy firm Ernst and Young. According to Kapil Arora, a senior official of Ernst & Young, chartered plane services in India are fragmented.
“There are about 30 such listed companies, of which not many have more than two planes,” he said Wednesday on the sidelines of the ongoing Second Civil Aviation Week- Airport & Airline 2008 Expo here.
Over 150 exhibitors from 18 countries are taking part in the exhibition.
He also pointed out that India faces a challenge in maintenance, repair and overhaul (MRO) operations with major competition coming from West Asia.
He was of the view that India should not only look at the domestic demand but also target other foreign ventures.
“We can already expect many global players to start MRO operations in India in the next few years after the government allowed 100 percent FDI (foreign direct investment) in MRO,” explained Arora.
He was also hopeful that MRO, cargo services and ground handling would scale up as the aviation industry comes out with new strategies and collaborations.
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