India’s Invision Air and Canada’s ACASS enter partnership deal
Feb 28, 2017
Invision Air, an India-based aircraft management and charter company, has entered a strategic partnership deal with the Canada-based ACASS business aviation company, according to Neelam Mathews’ news article published at the AINonline website on 13 February 2017. In early-February, the two companies signed a joint venture agreement that established the ACASS India enterprise.
Both companies are expected to benefit extensively from the strategic partnership. For ACASS, the deal provides the opportunity to explore the tremendous growth opportunities in India’s private aviation industry. As Mathews reports: “Montreal-based ACASS’ services include sourcing flight crew, providing regulatory and management support and handling aircraft sales as well as delivering and preparing them for entry into service.” As such, Invision Air is set to benefit from ACASS’ expansive operational infrastructure. The operational leverage is crucial to Invision Air’s pursuit for a competitive edge in India and regionally.
ACASS’ CEO, Andre Khury, has already signalled the company’s intentions to capitalise on the immense market potential of the Indian private aviation industry. Mathews quotes Khury as saying: “We’ve been here through thick and thin, and we’re here to stay.” Mathews goes on to quote Khury as adding: “I’m perhaps myopic in my vision. I have faith that India as a whole will still have steady growth. With Invision’s boots on ground, their real experience will allow us greater continuity. It was a milestone decision for us.”
The top brass at Invision Air is similarly excited about the tremendous potential of the joint venture partnership. Mathews quotes Invision Air’s CEO, Vinit Pathak, as saying: “ACASS’ know-how, with our experience in operations and maintenance, brings a compelling proposition to the market.” Mathews further quotes Pathak as commenting: “We wanted to augment our experience with internal capability. We will be looking at different revenue streams and more growth in transactions and services.’