Turkish aviation firm Celebi Airport Services has bagged the contract for providing ground handling services at Prem Vasta's FairFax-owned Bangalore International Airport (BIAL).
The company plans to invest USD 7-9 million in enhancing services at the southern India's largest aerodrome, a release said today.
Celebi currently carries out ground handling activities at Delhi, Mumbai, Kochi and Ahmedabad airports.
Under the mandate secured through a competitive bidding process, Celebi will provide ground handling services for a period of 10 years, commencing from August this year, the release said.
"We are focused on expanding our footprint within the country. India is a key market, well set for a major growth path and Celebi is well positioned to contribute, support and play a meaningful role in this change process," said Murali Ramachandran, chief executive officer - India, Celebi Aviation Holding.
One of the key focus areas for Celebi would be to ensure safe, efficient, customer and environment-friendly provisions by capitalising on its global expertise, the release said, adding the company plans to invest USD 7-9 million in this airport.
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The airport handled 26.9 million passengers in the previous fiscal year.
It recently bagged the license for Kannur International Airport, which is slated to start operations later this year, the release said.
Fairfax currently owns a 54 per cent stake in BIAL, while Siemens Projects Venture has 20 per cent holding.
Karnataka State Industrial & Infrastructure Development Corp and Airports Authority of India (AAI) hold 13 per cent each in the venture.
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