Pawan Hans' Udan plans run into rough weather amid divestment

Press Trust of India  |  Mumbai 

State-run Helicopter's plans to launch flights under the regional connectivity scheme have run into rough weather amid the ongoing process and non-availability of choppers, the company's union has alleged.

Pawan Hans, in which the government has proposed to sell its entire 51 per cent stake to private players, has the mandate to fly on 11 routes across Assam, Himachal Pradesh, and Uttarakhand under phase two of scheme.

Oil sector behemoth holds the remaining 49 per cent in the mini-ratna PSU. It has a fleet of 43 helicopters, with a sizeable chunk of them over 30 years old.

"The process has hit our business expansion plans badly as there are restrictions on capital expenditure and fleet expansion," a said.

"Besides, we are finding it difficult to launch flights on routes as we don't have the required number of helicopters to run such services," he said.

The process should not come as a roadblock in the business expansion plans of the company, he further said.

After announcing its plans to privatise the profit-making entity in 2016, the government came out with Preliminary Memorandum of Information (PMI) for inviting expression of interest in 2017. However, as it failed to attract enough bidders, the PMI was subsequently cancelled and a fresh one was issued in lieu of that early last month.

"The employees union along with the pilots union has also asked the government to settle the long-pending issues of wage revision and promotions as well as regularisation of contractual pilots before the profit-making company is handed over to private players," the said.

The union has already flagged these issues at a recent meeting with the civil minister Suresh Prabhu, he said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, May 07 2018. 17:45 IST