by Staff Correspondent
In a stride to make India a global flying training hub and to prevent the exodus of Indian cadets to foreign Flying Training Organization, eight new academies are being established, the move liberalized the Flying Training Organization (FTO) policy of the Airports Authority of India (AAI) as a matter of fact.
The academies will be set up at Belagavi, Jalgaon, Kalaburagi, Khajuraho and Lilabari. Additionally, these FTOs will also be designed to cater the flying training requirements of cadets in India and its neighboring countries.
Attesting to the perseverance and determination of the team of the Airports Authority of India (AAI) is the fact that they successfully managed to finalize the bidding process amid the challenging period caused due to the second wave of COVID-19.
These five airports have been carefully chosen since they have minimal disruption due to weather issues and civil/ military air traffic. This initiative will help the Indian flying training sector in becoming more self-sustaining under the Atmannirbhar Bharat initiative.
Airports Authority of India had invited bids for the same in November 2020. The award letters were issued on 31 May 2021 to winning bidders: Asia-Pacific, Jetserve, Redbird, Samvardhane and Skynex.
The parameters set for prospective bidders included familiarization with aviation safety aspects, regulatory mechanisms, experience in the field of training pilots on manned aircraft, the availability of equipment, trainers, etc. To make FTOs attractive for bidders, AAI reduced the minimum annual rental significantly to Rs.15 lacs. Furthermore, the concept of airport royalty was scrapped to make these ventures business friendly.
