VRL Logistics promoters plan to commence airline
The Dollar Business Bureau VRL Logistics’ promoters are planning to start a regional airline. The Chairperson Vijay Sankeshwar and Managing Director Anand Sankeshwar of the company said that they would establish a distinct company to start the airline. “This in-principle decision has been taken after a lot of research and after taking inputs from industry experts,” the promoters said while filing to the stock exchanges. “We plan to launch the new airline and hire a professional management team to manage the daily operations and enhance this business,” it said. On the issue of finance, they said, “We are internally considering the financing methods for this venture. The management should take into consideration that we may sell a portion of our shareholdings in ...
