![]() Financial Daily from THE HINDU group of publications Saturday, Feb 12, 2005 |
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Airlines Indus Aviation plans to make 4-seater aircraft Our Bureau
Bangalore , Feb. 11 LIGHT aircraft maker Indus Aviation plans to manufacture a four-seater aircraft later this year and set up a flight-training academy in Bangalore. "We should start manufacturing the four-seater aircraft by the end of the year," Dr Ram Pattisapu, President of Indus Aviation, told Business Line. He said the 11E model should cost between Rs 60 lakh and Rs 65 lakh. Indus has already sold 10 two-seater T211E worth about Rs 40 lakh to customers in the US. The assembly of Indus aircraft has been outsourced to Taneja Aerospace. Indus provides raw material, design, hardware and the engine. It exports these aircraft to the US, the UK and European markets. "Indus is working on other aircraft designs and aviation safety related devices and products to enhance personal flying," Dr Pattisapu said. Indus makes two types of two-seater aircraft: the VFR (visual flight rules) equipped aircraft which costs about Rs 35 lakh and IFR (instrument flight rules) equipped aircraft which costs about Rs 40 lakh. Both these aircraft can be used for business flying, surveillance and even for tourism. Dr Pattisapu said Indus has bought a 6,500 sq. ft. office in Bangalore where its flight-training academy would be set up. Branches of this academy will also be opened in other parts of the country. The academy would train pilots for PPL (private pilot licence) and CPL (commercial pilot licence). The fee for getting a PPL will be about Rs 2.5 lakh and CPL about Rs 8 lakh.
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