Frankfinn to make Rs 400 cr new investment

Kolkata: Air hostess training institute Frankfinn said it will invest Rs 400 crore in the next three years to increase its number of centres to 200 across the country and abroad.
“At least 40 new centres, both in India and abroad, would come up during the current financial year increasing the institute’s present strength,” Frankfinn Group Chairman K S Kohli told reporters here today.
At present, Frankfinn has around 115 centres across the country.
About 15 new centres would come up in Kolkata in three years in addition to the present three, he said.
The Rs 700 crore turnover company trains from 3,500 to 4,300 students every year with 60 per cent placement, Kohli said.
“Altogether 115 Frankfinn students are placed as cabin crew through campus interviews in a span of just 16 days in February-March this year,” Kohli said adding that “93 of them are placed with international airlines like Malaysia Airlines, Emirates, Oman Air and Atlasjet of Turkey”.
29/05/09 PTI/Economic Times