Business Daily from THE HINDU group of publications Tuesday, Nov 06, 2007 ePaper | Mobile/PDA Version |
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Infrastructure Corporate - Alliances & Joint Ventures Logistics - Airlines Deccan forms consortium to bid for airport projects
Consortium to bid for airport projects in tier two and three cities across the country Each of the partners will hold 25 per cent stake in the consortium. It has bid for three airport projects in Karnataka which include, Gulbarga, Bijapur and Shimoga. K. Giriprakash Bangalore, Nov. 5 Deccan Aviation has said it has formed a consortium for bidding for airports projects across the country. The Deccan Aviation Executive Chairman, Capt G.R. Gopinath, told newspersons at the sidelines of a press conference that his company along with the Nitin Raheja Group, IDFC and the GVK Group had formed a consortium to bid for airport projects in tier two and three cities across the country. Each of the partners will hold 25 per cent stake in the consortium. The consortium has bid for three airport projects in Karnataka which include, Gulbarga, Bijapur and Shimoga. It is also in talks with the Maharashtra Government as well as the Andhra Pradesh Government for building airports in tier two cities. Capt Gopinath said that as the airports themselves will not earn enough revenues for the promoters, industrial parks will be built around them. This will help the airports get a steady stream of passengers as well as revenues from the industrial parks. Capt Gopinath said Deccan Aviation had hired Accenture to study the back end as well as the front end integration of the company. The consultancy agency is expected to submit a report within six weeks, he said. He said this will help the airline as well as Kingfisher Airlines whose parent, the UB Group, holds about 46 per cent stake in Deccan Aviation to streamline the operations of both the airlines. The airline’s chairman said that his company plans to ferry passengers between Bangalore City and the new international airport near the city through its helicopter service. He said some top industry leaders from Bangalore are expected to meet government officials as well as HAL officials to seek their help in continuing a few flights from the existing HAL airport even after the new international airport starts operations. mFly accountDeccan Aviation also announced at the press conference that it has tied up with Oxigen, to offer flight bookings through mobile phones. Through an mFly account, which is a prepaid user account, customers can access the service to book their flights. Passengers will be able to book, pay and generate an e-ticket on their mobile phones through this service, Capt Gopinath said. More Stories on : Infrastructure | Alliances & Joint Ventures | Airlines
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