The Live Ahmedabad
  • Home
  • Ahd City
  • Business
  • Entertainment
  • Education
  • Crime
  • Health
  • Politics
  • Sports
  • Featured

The Live Ahmedabad

  • Home
  • Ahd City
  • Business
  • Entertainment
  • Education
  • Crime
  • Health
  • Politics
  • Sports
  • Featured
GujaratNation

Atul Jain, founder of ModAir Aviation announced addition of second aircraft to its fleet

by TLAteam December 17, 2022December 17, 2022
written by TLAteam December 17, 2022December 17, 2022
Atul Jain, founder of ModAir Aviation announced addition of second aircraft to its fleet

ModAir Aviation is pleased to announce the addition of the second aircraft to its fleet, following the Tecnam P2006T. This aircraft is a Diamond DA40, a four-seater flight training aircraft that landed in Ahmedabad. The import of this aircraft is made possible by the IFSC – GIFT City guidelines. This aircraft would be leased to a new FTO preparing to launch operations in India’s Madhya Pradesh state. By the end of December 2022, the Company would have received their third aircraft, which would be ready for another lease in the Indian Aviation Industry.

Business News

ModAir Aviation is poised to support our Hon’ble Prime Minister’s Vision for Skill Development by importing and leasing flight training aircraft for FTO pilot training, ultimately benefiting the ever-expanding Indian Aviation Sector. The new batch of pilots will be flying for various Scheduled, Non-Scheduled, and RCS Operators for the most concentrated UDAN programme tomorrow (Ude Desh Ka Aam Naagrik).

Atul Jain, Director ModAir Aviation said “We are excited to welcome the second aircraft under our Company. We take pride in supporting our Hon’ble PM’s vision. Very soon we would be inducting our third aircraft. Currently, the Company’s concentration is on the Fight Training category of Aircraft for the Indian market by Importing, Finance and Leasing aircraft to various FTO – Flight Training Organization in India.”

Ashish Jaiswal, Chief Executive Officer, ModAir Aviation said “We extend our sincere thanks to the Government of India & the IFSC Authority for providing the required platform in the form of GIFT City, which surely proved to be a catalyst. Financing & Leasing facility has always been an outcry for the Indian Aviation sector. Earlier this, we used to glare at the facilities of the West, but not anymore now.”

ModAir Aviation IFSC Private Limited is a leading leasing and finance company headquartered in Gandhinagar, Gujarat. ModAir Aviation’s global network allows them to buy, sell, and lease aircraft from all over the world. The company believes in sourcing aircraft at the most competitive prices to allow clients to keep acquisition costs to a bare minimum, allowing them to optimise cash flow and focus on other important cost heads.

AhmedabadAhmedabad cityAhmedabad newsGujaratGujarat governmentGujarat newslatest news
0 comment
previous post
Law Minister: Mandatory to link Aadhar with election card or else people would be cut off from the voter’s list
next post
T-Rex The Toyland opens branded toy showroom in Ahmedabad

You may also like

Gujarat HC Virtual Hearing Shocker: Man Joins from...

June 27, 2025

Shikhar Dhawan Opens Up About Personal Life and...

June 27, 2025

CJI BR Gavai Asserts Constitution’s Supremacy Amid Ongoing...

June 27, 2025

Smart Study on a Student Budget: Free and...

June 27, 2025

Ahmedabad Jagannath Rath Yatra 2025: Lord Sets Out...

June 27, 2025

Sitharaman reviews GIFT IFSC’s progress, interacts with market...

June 27, 2025

Thousands Gather to Witness Lord Jagannath’s Reappearance Before...

June 27, 2025

Heavy Rain Lashes Saurashtra, South Gujarat; IMD Issues...

June 27, 2025

Gujarat Rath Yatra: Chaos in Ahmedabad as Elephants...

June 27, 2025

Shikhar Dhawan Opens Up About 2006 Australia Tour,...

June 27, 2025

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Business News

Recent Posts

  • Weekend Fun in Ahmedabad: Music, Art, Films & More!

    June 27, 2025
  • Ahmedabad University Becomes Top Choice for Students Amid Global Study Challenges

    June 27, 2025
  • India to Host 2029 World Police & Fire Games Across Three Cities in Gujarat

    June 27, 2025
  • Kolkata Horror: Law Student Allegedly Gang-Raped in College Security Room; Two Seniors, Ex-Student Arrested

    June 27, 2025
  • Gujarat HC Virtual Hearing Shocker: Man Joins from Toilet, Video Goes Viral

    June 27, 2025
December 2022
MTWTFSS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Nov Jan »
The Live Ahmedabad
Footer Logo
  • Home
  • Ahd City
  • Business
  • Entertainment
  • Education
  • Crime
  • Health
  • Politics
  • Sports
  • Featured
  • Privacy Policy
  • Disclaimer
  • Cookie Policy
  • Terms of use
  • Advertise with Us
  • Work With Us
  • Contact Us

© 2021 - The Live Ahmedabad. All Rights Reserved.