Hans charting growth graph, looks at adding 100 helicopters to fleet
17 November 2007
Delhi: A presentation with respect to Pawan Hans Helicopters Ltd (PHHL) was
made at a meeting of the parliamentary consultative committee, attached to the
ministry of civil aviation, earlier in the week.
was highlighted that that PHHL, which currently has 35 helicopters, plans to acquire
20 more at a cost of Rs496 crore.
number of new initiatives taken by the company were mentioned to the committee,
including a Helipad initiative, under which the company plans to set up a helipad
in Mumbai and Delhi, the setting up of a maintenance centre in Mumbai, equity
participation in the National Flying Training School to be set up in Gondia, promoting
religious tourism, air ambulances, highway helipad services, increased off-shore
E&P activities among others.
to the Pawan Hans presentation, the company is looking at a requirement for at
least 100 more helicopters in the future, in order to meet emerging business opportunities
and put hub and spoke synergies into place in the country.
the year 2007-08, as of September 2007, the company has earned a net profit after
tax of Rs13.45 crore.
their part, members called for an increased focus on the development of helicopter
services in India and emphasized that the potential for Pawan Hans' business growth
was considerable, given the high rate of growth in the aviation sector.
across party lines, members also called for a re-look at the existing Airports
policy in order to allow for multiple airports at metropolitan cities. They pointed
out that with the growth of the civil aviation sector, more airports would be
required in the country and multiple airports would be necessary to address the
existing problems at metropolitan airports.
to the concerns expressed by the members, Praful Patel, chairman of the committee
and minister for civil aviation, said that the ministry fully shared the views
and concerns of the members. He also mentioned that the issue was raised by the
ministry at the recent meeting of the committee on infrastructure headed by the
to Patel, a group consisting of the finance minister, the civil aviation minister,
and the deputy chairman of the planning commission had been set up to see how
to take this process further. He assured members that a new policy for airports
would be in place in the first half of 2008.
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