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Rediff.com  » Business » Gopinath, Tatas ink pact for charter air service

Gopinath, Tatas ink pact for charter air service

Source: PTI
August 09, 2010 12:57 IST
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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".

Now, the Ratan Tata-led Tata Steel has entered into an agreement with another Gopinath-founded firm Deccan Charters, to run three daily charter flights between Jamshedpur and Kolkata.

Among other general aviation services, Deccan Charters offers aircraft maintenance, charter services and management.

Deccan Charters would start its services next week with daily non-scheduled flights between Kolkata and Jamshedpur, where Tata Steel has its main plant.

Commenting on the deal with Tata Steel, Gopinath said, "This is another first from Deccan. Over the years, Deccan has made breakthrough innovations that have redefined the paradigms of the aviation industry in our country. These innovations have been fuelled by the vision of making aspirations of the common man a reality and fostering all-inclusive growth of the country."

Earlier, in April after the RIL deal, Gopinath had said the "growth capital" provided by a wholly-owned subsidiary of Reliance Industries would help Deccan 360 increase its air and surface network coverage across the country.

Deccan 360 has an employee strength of 300, while it has a network of 60 franchises, with an additional workforce of 1,500. Deccan 360 is already present in 50 cities and would expand to 100 cities in the next 12-18 months, Gopinath had said after the RIL deal.

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