Adani Group has taken a 72.8 percent share in Flight Simulation Solutions for Rs 820. In a filing to the exchange, Adani Enterprises revealed that the transaction was executed by Adani Defence Systems and Technologies along with Horizon Aero Solutions, which is a subsidiary of the company.
Adani Enterprises announced that Flight Simulation Solutions is the largest independent company in India for flight training and simulation, utilizing 11 state-of-the-art full-flight simulators and 17 training aircraft. The firm provides pilot training, commercial pilot certifications, type ratings, refresher training, and specialized skill courses.
Also Read: Praxair India Plans ₹210 Crore Boost for Karnataka Gas Units
Additionally, the firm holds certifications from the Directorate General of Civil Aviation and the European Union Aviation Safety Agency and operates simulation centres in Gurugram and Hyderabad. It also runs one of the largest flying schools in India located in Bhiwani and Narnaul, Haryana.
“This purchase represents the subsequent phase in our plan to develop a completely integrated aviation services platform.” “FSTC's partnership with Air Works and Indamer Technics enables us to provide services in civil MRO, general aviation MRO, defence MRO, and comprehensive flight training,” stated Ashish Rajvanshi, CEO, Adani Defence & Aerospace.
Adani Group’s defence branch is considering India’s civil and military pilot training environment as a growing business prospect, as leading Indian airlines gear up to increase their fleet and operations both domestically and internationally.
“Since Indian airlines are projected to add over 1,500 aircraft, the demand for certified pilots will increase significantly.” Simultaneously, the government’s focus on advanced training and mission rehearsal for military forces generates new possibilities in defense simulation. Aligned with our belief in contributing to a secure nation, we strive to assist the upcoming generation of Indian defence pilots. Rajvanshi stated.
We use cookies to ensure you get the best experience on our website. Read more...