Adani Defence boosts pilot training capacity with Rs 820 crore buyout of FSTC
Ahmedabad (Gujarat) [India], November 27 (ANI): Adani Defence Systems & Technologies Ltd (ADSTL), in collaboration with Prime Aero Services LLP, has finalised agreements to acquire a majority stake in Flight Simulation Technique Centre Pvt Ltd (FSTC), India’s largest independent flight training and simulation provider, for an enterprise value of Rs 820 crore, an official press release said.
FSTC operates 11 advanced full-flight simulators and 17 training aircraft, offering comprehensive pilot training–from commercial pilot licences to type ratings, recurrent training and specialised skill courses.
