Punj Lloyd to set up pilot training college
New Delhi: As part of its plans to expand its aviation business, Punj Lloyd is preparing to set up a pilot training school in the country.
The training college may come up by the end of the current calendar year. “We are trying to set up a pilot training school in the country. If all goes well, it would be established by the end of the current year,” Punj Lloyd Chairman Atul Punj told reporters here.
The college would be set up in association with domestic aircraft maintenance firm Airworks India in which Punj bought 33 per cent last year.
US-based PE Global Technology Investments had purchased another 33 per cent in Airworks at the same time. It would be a complete academy training both helicopter as well as commercial aeroplane pilots. “It will be a full blown college providing training for both types of pilots,” Punj said.
The academy may come up in Hosur where Airworks has major aircraft repair and maintenance operations.
Meanwhile, Punj also has plans to scale up the maintenance and repair business. He would induct two hangers soon at the Hosur facility and has the option to take six more.
Punj Lloyd, largely known for engineering and construction work in the oil and gas sector, has also qualified to bid for the modernisation projects for the Kolkata and Chennai airports.
07/06/08 Asia Pulse Data Source via COMTEX/Trading Markets, USA