Melstar Information Technologies Limited — Important, 04-08-2025: General Updates
04-08-2025 | 10:35 am
04-08-2025 | 10:35 am
Melstar's subsidiary, Melstarr Aviations Tech, has secured a domestic contract from AP Airports Development Corporation. This involves developing, operating, and managing a Flying Training Organization (FTO) at Kurnool Airport, Andhra Pradesh. The subsidiary will earn ₹810 per flying hour per aircraft, excluding taxes. This new order expands Melstar's footprint in the aviation training sector, with revenue tied to operational volume.
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