Tuesday, August 31, 2010

Gopinath partners Tatas for charter air service

Following on his partnership with the Mukesh Ambani-led Reliance Industries (RIL) for a cargo airline venture, aviation entrepreneur G R Gopinath has now joined hands with the Tata Group for a charter air service. The two deals with two of the country’s largest business houses have come in less than four months for Gopinath, who had founded the country’s first budget airline Air Deccan, which he later sold to the Vijay Mallya-run Kingfisher Airlines. Gopinath first dallied with the aviation space through a private sector commercial helicopter service, Deccan Aviation, in the late 1990s, which he followed with the launch of Air Deccan in 2003. After selling Air Deccan in 2007 to Kingfisher Airlines, Gopinath started a cargo airline, Deccan 360, and in April 2010, roped in RIL as a “strategic investor”.




The above article was extracted from Skyline updates of Skyline College. Skyline College is amongst the top MBA and BBA institutes in Delhi, Gurgaon (NCR).

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