Centre for Asia Pacific Aviation (India) to expand operations in India

(New Delhi, 11 June 2007) The Centre for

Asia Pacific Aviation (India) today announced a major expansion of its activities

in the Indian market with the launch of three new initiatives and services to

support the world's fastest growing aviation industry. Executive Chairman, Peter

Harbison, stated that "since launching in India in 2003, we have witnessed

a revolution in the industry, as liberalisation and strong economic fundamentals

have combined to create arguably the most dynamic aviation market in the world

today. As this market develops there is a strong need for an increasingly sophisticated

and diverse range of services which the Centre is proud to provide, with the

launch of three vital new divisions."

CAPA Capital will assist start-up as well as established aviation-related ventures with raising debt or equity funding, through the Centre’s established and extensive network of both local and international investors. The growth of India's aviation sector is generating a range of new business opportunities, not only in airlines and airports, but also in allied activity such as maintenance, training, catering, ground handling, retail, business aviation, freight and logistics and technology. "Welcome new decisions by government to increase foreign ownership in several of these activities opens up a host of new opportunities. But new ideas and ventures require financial backing. We will connect entrepreneurs with banks, private equity and high net worth individuals that can help launch and drive the growth of their business," stated Mr Harbison.

CAPA Market Solutions will assist global companies to establish and implement their India market entry strategy. Mr Harbison stated, "aviation businesses and investors from around the world are looking at India for the first time, attracted by the huge opportunities. However, India remains a dynamic and complex market, with unique local business conditions, all in a state of rapid change. It can be a daunting and difficult environment to navigate". The Centre's unrivalled knowledge of the market place and its excellent relationships across the public and private sectors allow it to support international businesses to establish in India and provide them with a distinct competitive advantage. CAPA Market Solutions will be tailored to meet the corporate objectives of each client, with market intelligence, introductions, opportunity referrals, public and government affairs and media relations activities.

CAPA’s Centre of Excellence is committed to bringing international master classes to India. These will provide an exclusive forum for the region's senior management executives to interact with leading global experts in critical strategic, operational and regulatory issues affecting airlines and airports. “The key to the successful and sustainable growth of India’s aviation sector is the depth and quality of the industry’s leading executives. Qualified and experienced management is critical,” said Mr. Harbison.

“These new initiatives are a logical extension of our established position in Indian aviation analysis, market intelligence, data services and strategic summits. Together with CAPA Consulting, which offers the highest level of advisory services, The Centre looks forward to continuing to play a positive role in the development of India’s vibrant aviation sector,” he concluded.