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GMR group to launch an airline?

Hyderabad-based GMR Group has made an entry in aircraft services with the purchase last month of Falcon, a 12-seater aircraft, at a cost of about Rs 75 crore. The group is also into airport construction K Narayana Rao, managing director of GMR Industries, said the aircraft would be used as a chartered service as well as for captive purposes.

An aircraft division has been created for the purpose. While the company has no plans of acquiring more aircraft in the near future, Rao did not rule out the possibility of the aircraft division evolving into a full-fledged airline service wing.

"We will certainly think of such a possibility based on the experience gained from operating the present aircraft," Rao said.

The company has got the permission to operate the aircraft both from Bangalore and Hyderabad and would seek similar facility at Delhi and other places in coming days, Rao said.
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