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GE deploys team to identify airports

Plan to go in modernisation biz

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Press Trust of India New Delhi

GE Infrastructure, which is into energy, transportation and water process technologies, has deployed a team to identify the non-metro airports which it thinks can be given a distinct GE identity.

"We are looking very closely at the airport modernisation plan of the government. We have deployed a team to look at the most bankable projects," GE Infrastructure President and CEO Pratyush Kumar told PTI.

 

The company intends to bid for the modernisation work through a consortia for which it is talking to other companies.

"We are in discussion with some companies to form consortia to bid for the projects," Kumar said.

However, he declined to give names of the companies.GE Infra claims to have the expertise in airport management after its acquisition of airport development and consulting firm AviaSolutions. GE Commercial Aviation Services (GECAS), a group company, bought a majority stake in the UK-based AviaSolutions last year.

GECAS has a fleet of over 1,450 aircraft which it leases to more than 230 airlines in about 70 countries. It has leased many airplanes to various Indian air-carriers, including Air Deccan.

GE is also into jet engine manufacturing. Air India placed an order for engines worth $2.2 billion with GE. It also has OnPoint Solutions programme for engine maintenance, repair and overhaul.

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First Published: May 28 2008 | 5:18 PM IST

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