Key Points
New Delhi: Tata-owned Air India is in the final stages of forming a joint venture (JV) with European aerospace major Airbus to form a facility for pilot training services that will be the largest in the South Asian region...
People aware of the development said the total investment into the facility will be around 3,500 crore with both Air India and Airbus holding 50% stakes in the company...
While the facility will initially start with six simulators for the Airbus A320 family and A350 aircraft types, it will have a capacity of expanding up to 20 simulators, making it one of the largest in the region, they said...
"We understand the importance of developing self-reliance of human resources and have invested to build a pilot training facility as the airline caters for a huge need due to expansion of fleet and network," an official said..
According to global aviation training norms, a pilot must first undergo ab-initio training to obtain a licence, while type-rated training is required in order to be trained at the controls of a particular aircraft type and gain the necessary licence endorsements..
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