Govt to dilute equity in Rai Bareli pilot school

New Delhi: As part of efforts to improve the pilot training infrastructure in the country, India is inviting global players to manage Indira Gandhi Rashtriya Uran Academy (IGRUA) at Rai Bareli.
Notices inviting expressions of interest from major international players have already been issued by the civil aviation ministry.
Eventually, IGRUA, which is currently registered as a society, would be converted into a company so that a joint venture partner with equity participation could also be brought in, civil aviation minister Praful Patel said.
“This would lead to the training of a far greater number of pilots than that being currently done by the academy,” Patel said.
The output would go up from the present level of 40 pilots a year to over 200 pilots a year.
01/10/06 Times of India