) Kerala-based Casino Air Catering and Flight Services (CAFS), a sister concern of CGH Earth Experience is expanding..

News courtesy: Malayalam Manorama online dt.19/7/08

CAFS will form a JV with Gate Gourmet and the new JV under the name CAFS-Gate Gourmet will expand flight catering operations in 10 airports in South India. The JV has a initial outlay of 300 cr for putting up flight catering centers in various cities in south India.

Gate Gourmet is a leader in flight catering in Europe and US. In the new JV, CAFS will hold 49% and Gate Gourmet will hold 51% stake. After establishing the initial expansion under the new JV the company is also planning to expand to other airports in India, according to Mr.George Dominique – Executive Director, CAFS.

The new JV will be signed end of July 08.