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Feasibility report on transport aircraft by February

05 January 2011

Come February, we may be able to get a rough idea of what India’s ambitious regional transport aircraft, or the RTA, might look like at the Aero India 2011.

The feasibility report of the regional transport aircraft (RTA) that India is developing will be ready by April-end this year and would detail the configuration, design, market potential and basic structure of the JV.

Meanwhile, the high-powered committee for the national civil aircraft development is set to hire SBI Capital and IDBI to develop a joint venture business model for the first indigenous regional aircraft.

A R Upadhyay, director of the National Aerospace Laboratories (NAL), also said that an expression of interest (EoI) would be floated shortly inviting proposals for becoming principal partner in the proposed public-private joint venture programme. He said here that there was a possibility of more than one partner being part of the programme….

Read more: http://www.business-standard.com/india/news/feasibility-reporttransport-aircraft-by-february/420720/

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Written by csirindia

January 5, 2011 at 10:58 pm

Posted in NAL

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