Monday, 7 May 2012

DGCA suspends Global Vectra's flying permit


New Delhi, May 7:
The Directorate General of Civil Aviation (DGCA) has suspended the licence of Global Vectra Helicorp. This came after the Home Ministry withdrew security clearance to the company's promoter.
What this means is that the company will not be able to fly its fleet of 23 helicopters. Global Vectra provides services to various oil exploration companies such as ONGC to ferry its personnel to and from offshore oil rigs. It also provides services to the pilgrim town of Vaishno Devi.
This company is a part of the Vectra Group, which is promoted by Mr Ravinder Kumar Rishi, also known as Ravi Rishi. Mr Rishi and the Vectra Group are embroiled in a controversy over an alleged scam in the purchase of Tatra trucks, manufactured by the Group, for the Army.
Last week, the Home Ministry withdrew its security clearance without giving any specific reasons. A formal communication was sent to the Civil Aviation Ministry which forwarded it to the DGCA. DGCA is the nodal authority for issuing or suspending an operator's permit.
http://www.thehindubusinessline.com/industry-and-economy/logistics/article3394230.ece?homepage=true&ref=wl_home

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