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karatecatman
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 Posted: Fri May 04, 2007 3:15 pm Post subject: GE seeks partnerships to enter airport development biz in In |
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GE seeks partnerships to enter airport development biz in India
The firm, which is a major player in aircraft leasing and engine manufacturing, sees this as a growth area
Yassir A. Pitalwalla
India’s booming aviation business has attracted the attention of General Electric Co., which wants to enter the airport development business in the country. The conglomerate has approached the GMR Group, which is developing the new airports at Delhi and Hyderabad; the Maharashtra Industrial Development Corp. (MIDC), which is developing airports in smaller cities in the state; and Maharashtra Airport Development Co. Ltd (MADC), which is developing the cargo hub at Nagpur, for possible partnerships in this context.
http://www.livemint.com/2007/05/04001323/GE-seeks-partnerships-to-enter.html |
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karatecatman
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stealthpilot
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Joined: 19 Dec 2006
Posts: 2325
Location: BLR, DXB
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| Posted: Fri May 04, 2007 10:11 pm Post subject: |
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All these MRO companies are looking at HYD and DEL and not BLR.
I wonder why?
Anyway, good news but cant say we didn’t see it coming. There’s going to be a huge change in the industry in the coming years and decades.
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the_380
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Location: Mumbai, India
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| Posted: Fri May 04, 2007 10:25 pm Post subject: |
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| Quote: | All these MRO companies are looking at HYD and DEL and not BLR.
I wonder why? |
HAL dominates there.... thats why..
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stealthpilot
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| Posted: Fri May 04, 2007 11:02 pm Post subject: |
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| the_380 wrote: |
HAL dominates there.... thats why.. |
Not at the new airport.... which is where all the activity will be.
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the_380
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Posts: 2329
Location: Mumbai, India
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| Posted: Fri May 04, 2007 11:24 pm Post subject: |
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Maybe the cos. are not too optimistic, or maybe the rules of the local state govt are not favourable.... definately there must be a strong reason for them NOT to vest interest in BLR.
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A Walt Disney and 20th Century Fox Audio Producer!!! |
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