Tuesday, February 9, 2010

Turkish Company Celebi Looks At Aviation Investment

News

Aviation Daily Feb 09 , 2010 , p. 13
Neelam Mathews

Turkish Celebi Holdings is looking to make an investment in ground-handling after recently being awarded ground-handling contracts for Delhi International Airport Private Ltd . and Mumbai International Airport Private Ltd..

Celebi also has received a contract for cargo-handling services at Delhi's Indira Gandhi International Airport.

The company claims it aims to invest $100 million in the Indian aviation sector by 2010, of which $30 million worth of equipment will be for ground-handling. However, India has held back its ground-handling policy for the past two years, permitting airlines to continue doing their own handling.

Indira Gandhi International Airport is India’s biggest in terms of passenger numbers and the second-largest in terms of cargo traffic; 430,000 tons of cargo were handled at the airport in 2008. According to current projections, the total volume of cargo traffic at the airport will reach 1 million tons per year within the next 10 years.

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