Adani Group Set To Enter Pilot Training With Key Acquisition
ECONOMY & POLICY

Adani Group Set To Enter Pilot Training With Key Acquisition

Adani Group is in advanced negotiations to acquire Flight Simulation Technique Centre, one of India’s leading pilot training companies, marking the conglomerate’s entry into the aviation training business. The deal is expected to be executed through Horizon Aero Solutions, a joint venture between Adani Defence Systems and Technologies and Prime Aero. The move aligns with the group’s wider strategy to strengthen its capabilities across aviation infrastructure, maintenance and defence services.

Founded in 2012, Flight Simulation Technique Centre operates full-flight simulator facilities in Gurugram, Hyderabad and Mumbai, and runs flying academies in Haryana, Surat and Solapur. The company has recorded rapid growth, reporting revenue of around Rs 2.145 billion and operating profit of roughly Rs 1.242 billion in the 2023–24 financial year.

Demand for trained pilots is rising sharply as India’s aviation sector expands. Industry estimates indicate that the country will require nearly 20,000 additional pilots over the next decade, while the wider Asia-Pacific region may need close to 98,000. This strong demand outlook is driving investment interest from firms looking to scale their aviation services.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Adani Group is in advanced negotiations to acquire Flight Simulation Technique Centre, one of India’s leading pilot training companies, marking the conglomerate’s entry into the aviation training business. The deal is expected to be executed through Horizon Aero Solutions, a joint venture between Adani Defence Systems and Technologies and Prime Aero. The move aligns with the group’s wider strategy to strengthen its capabilities across aviation infrastructure, maintenance and defence services. Founded in 2012, Flight Simulation Technique Centre operates full-flight simulator facilities in Gurugram, Hyderabad and Mumbai, and runs flying academies in Haryana, Surat and Solapur. The company has recorded rapid growth, reporting revenue of around Rs 2.145 billion and operating profit of roughly Rs 1.242 billion in the 2023–24 financial year. Demand for trained pilots is rising sharply as India’s aviation sector expands. Industry estimates indicate that the country will require nearly 20,000 additional pilots over the next decade, while the wider Asia-Pacific region may need close to 98,000. This strong demand outlook is driving investment interest from firms looking to scale their aviation services.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement