When aviation space was opened up in the beginning of 90s, one of the early entrants was Damania Airways promoted by Pervez Damania and his family. Initially, good standard of service brought fame to it until it became known that internally the company was bleeding.
In mid-90 Damania Airways was acquired by the Chennai-based NEPC Airlines that itself was a new entrant. Those were heydays of euphoric bull-run at the stock market after the Congress government led by PV Narasimha Rao and aided by the present PM Manmohan Singh in his capacity as FM.
It was thought then as now that ‘future’ belonged to India. Hundreds of new companies debuted almost overnight and the scene was not too different in India’s newly deregulated aviation industry as well.
However, after a year or 2 of NEPC acquiring Damania Airways, no more could be heard of either. Pervez Damania, the suave businessman that he is, smelled the coming rot from a long distance and quit in time. He later surfaced in top positions in Sahara Airlines, and later in Vijaya Malya promoted Kingfisher Airlines.
Given his depth of knowledge in the industry it’s no surprise that he would venture into the business of academics concerning aviation. Thus Excellence Aviation Academy, presumably already operative in Pune and perhaps elsewhere, has started its maiden center in Kolkata’s Salt Lake yesterday.
It will not be wrong to say that India’s aviation industry is booming. As in other industries, the rub-off of surging economy can be seen in aviation sector also, and this will only rise in coming days.
Damania’s aviation academy is going to be another private initiative in Kolkata. Pailan Aviation Institute and Frankfinn Institute of Airhostess Training are already reportedly doing good business.
With the country’s sky getting choc-a-bloc with flights of every hue, it’s no surprise that aviation industry would prove a big absorber of workforce in foreseeable future.