Pune hotelier to offer helicopter services
“We are currently undertaking a techno-feasibility study for the new project, which we hope to start by the first quarter of calendar year 2009,” St Laurn’s managing director Laxman Kariyaa said.
The hospitality firm is setting up a new company, St Laurn Aviation, with an initial investment of Rs20 crore for the purpose. It is also discussing wet leasing of helicopters with various companies that include US-based Bell Helicopter Textron Inc.
Wet leasing is an industry term for leasing aircraft on an Acmi (aircraft, crew, maintenance and insurance) basis.
Source: AVIndia
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