Business Daily from THE HINDU group of publications Thursday, Sep 11, 2008 ePaper | Mobile/PDA Version | Audio |
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Airlines Web Extras - Education Course to teach high net worth individuals fly own aircraft Our Bureau New Delhi, Sept. 10 High net worth individuals who have a passion for flying but are unable to take time out from running their business to get a pilot licence still have a chance of taking to the skies. A newly set up aviation academy in Madhya Pradesh is to launch an executive Private Pilot Licence (PPL) plan, which requires the applicant to spend 14 weekends at the academy, clear a test of the Director General of Civil Aviation (DGCA) and get ready to fly their own aircraft. “The executive programme will be launched in October and requires them to report to the academy on Friday morning and return to their business on Sunday, for 14 weeks. If a person is to start the course on October 1 and end it by March 31 there will be 36 weekends, of which they will need to be away from family and business for just 14 weeks,” said Mr Uday Punj, Managing Director, Chimes Aviation Academy. The programme will be priced at Rs 14 lakh and will be first such venture academy officials said.
The decision to launch the executive programme is based on a survey of 120 people aged between 35 and 50 years having incomes in excess of Rs 50 lakh in seven cities, including Mumbai, Bangalore, Chennai and Pune. Unlike a Commercial Pilot Licence a PPL allows the holder to fly an aircraft along with passengers if they wish to, but does not allow them to charge others for the flight. The academy is situated at Dhana in Madhya Pradesh. More Stories on : Airlines | Education
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