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Jet Airways plans to launch aviation academy- 12-Jul-2012
Mumbai: Private carrier Jet Airways plans to set up a marketing services firm and launch an aviation training academy, with a total investment of Rs one crore.
The proposal is, however, subjected to regulatory approvals, including those from the Foreign Investment Promotion Board and the Reserve Bank of India, Jet Airways said in a notice to its share holders ahead of the company annual general meeting scheduled early next month.
The Naresh Goyal-owned airline would be the second domestic carrier to foray into the aviation education segment after Kingfisher started a similar training institution in 2007.
The proposed academy would be based in Mumbai and offer certificate courses in in-flight services, ticket reservation and check-in services, according to a brochure brought out for the institute.
The move to set up a training acedemy and marketing services centres is aimed at boosting the Jet group's revenue through ancillary activities at a time when high taxes and jet fuel prices are resulting in mounting losses of the domestic carriers, a source said.
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