Adani Defence acquires 73% stake in Flight Simulation Solutions for Rs 820 crore
Adani Group has acquired a 72.8 per cent stake in Flight Simulation Solutions for Rs 820. In an exchange filing, Adani Enterprises disclosed that the transaction was carried out by Adani Defence Systems and Technologies and Horizon Aero Solutions, a subsidiary of the company.
Flight Simulation Solutions business
In a statement, Adani Enterprises stated that Flight Simulation Solutions is India’s largest independent provider of flight training and simulation, operating 11 advanced full-flight simulators and 17 training aircraft.
