Centre for Asia Pacific Aviation announces plans to launch CAPA AeroPark

(New Delhi, 14 October 2008) Centre for Asia Pacific Aviation (CAPA) announced today that it is in the advanced stages of launching the CAPA AeroPark, a global best practice aviation training campus in India. The campus will focus around an aviation environment research centre.

The facility is designed to service the entire spectrum of operational and educational training requirements for airlines, airports, ANS providers, government and suppliers. It will be developed with support from international financiers and the world's leading aviation training providers.

"We are very excited to launch this new and timely concept in India to support the long term growth of the aviation sector. There is an emerging global shortage of skilled human resources in the industry, which is particularly acute in rapidly emerging markets such as India and neighbouring regions. CAPA AeroPark is being established to address this critical issue, all within the context of ensuring leadership in the area of climate change and aviation" stated Peter Harbison, Executive Chairman of CAPA. The campus will include academies for pilot training, air traffic control, engineering and maintenance, air traffic control, airport operations, airline executive management, cabin and ground crew.

Each of the training centres within the AeroPark will be managed by the world's most respected aviation brands in their respective disciplines. Mr Harbison stated, "by working only with the leading global training providers, we intend to establish and maintain quality standards at the highest international levels, which are unequalled elsewhere." An advisory council of eminent aviation experts from around the world is being assembled to monitor performance and ensure that best practice procedures are adhered to. Discussions are already well advanced with several globally-renowned training providers.

For training providers, CAPA AeroPark offers a walk-in operation, with no hassles related to land acquisition or construction. CAPA and its team offers assistance with regulatory and licensing issues as well as with umbrella marketing support and management of the facility.

A central feature of the CAPA AeroPark will be the Research Centre for Aviation Environmental Studies (RCAES), which will act as a focus for coordination of global development of cutting edge operations, technology and associated advances in addressing the issue of aviation and climate change. Mr Harbison emphasised, "the RCAES will instill environmentally sustainable practice into training programmes on the campus, establishing a generational mindset across the board that adopts a leadership approach to the environment."

CAPA AeroPark will be located in a landscaped park setting of around 50 acres, and designed with green credentials in mind. The campus will incorporate a range of affordable and high quality accommodation as well as extensive social and recreational facilities. The attractive and vibrant environment, combined with the unparalleled standards of training will establish CAPA AeroPark as the one-stop-shop centre of choice for both industry operators and students.

Shortlisted locations in Bangalore, Navi Mumbai and Pune are currently being evaluated and the final location will be announced in early 2009. The first phase of the CAPA AeroPark is scheduled to open in 1Q 2010.

"Despite the current financial market conditions, we have been overwhelmed by the investor interest in this project, which reflects the fact that this initiative is being developed as a long term solution for an industry which exhibits extremely strong fundamentals," added Mr Harbison.

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