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Future Expansion Plans

 Having established ourselves quite firmly in the Agency business we are
planning to venture into the next logical step: offering value added
services, in such areas as Spares Stocking Facility and Workshops Facility
to service essential aircraft components.
Stocking Of Spares
All aspects connected with Aviation has to be strictly regulated and
controlled. Any deviation from the rules and standards set by the
regulatory authorities may badly affect the safety of the aircraft & the
life of passengers. This in particular is true in the way the maintenance
of aircraft is carried and the aircraft spares are stocked.
Very often the spares are required just in time prior to departure of the
flight. If the required spares cannot be procured within a short time the
flight has to be cancelled resulting in heavy losses to the airlines and
damage to the reputation of the airlines. Thus it is very important to have
these spares located close to the maintenance base. This, however, would
entail a sizeable financial investment: for land, building & equipment for
stocking spares in a clean & controlled environment etc. Finance is also
required to meet maintenance, staff salaries and other sundry expenses. To
keep the initial investment to manageable levels we plan to begin on a
modest scale and later expand our facilities in planned phases. We foresee
a scope for high returns on our investment. A preliminary study is being
made on the ways to derive maximum benefits and make it a successful
venture.
Workshop Facility
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There
are certain systems and equipment in the aircraft that have to be
maintained at all times in a serviceable condition. As per regulations
commercial flights cannot take off from the base station if such vital
systems/equipment is not serviceable. Therefore operating airlines often
desire an acute necessity to have a facility which can provide maintenance
and workshop services close to its operational base. Thus establishing such
a facility will not only be beneficial to the airlines but will also open
up an avenue for a profitable line of business. Presently Kuwait Airways do
have such facility which they are keen to privatize. |
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This
again is Capital intensive but we expect to reap good returns. We are
presently studying the feasibility of offering such services in Kuwait.
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