Prime Aviation Services

Delhi, India Founded: 1996 • Age: 30 yrs Acquired By Signature
Ground handling services are provided for aviation operations in India.

About Prime Aviation Services

Prime Aviation Services is a Transportation, Automotive & Logistics company based in Delhi (India) founded in 1996, and was acquired by Signature in April 2016. Ground handling services are provided for aviation operations in India. Its Indian entity Prime Aviation Services Private Limited reported revenue of β‚Ή5.6 Lakh. Its focus areas include Travel and Hospitality, Aviation Ground Handling Services and Transportation and Logistics.

Company details

Prime Aviation Services was founded in 1996 and is headquartered in Delhi, India. Ground handling services are delivered within the aviation sector, encompassing baggage management, passenger assistance, and ramp operations at airports. The companys activities support airline efficiency and safety protocols. Operations are centered in India, with the domain primeaviationservices.com maintained for business communications and information access. Focus remains on standard ground support requirements.

Key Metrics
  • Annual Revenue
    ₹5.6 Lakh

    FY 2022 · -13% YoY

  • Net Loss
    -₹14.5 Lakh

    FY 2022 · -258% margin

  • EBITDA
    -₹5.6 Lakh

    FY 2022 · -99% margin

  • Investors
  • Acquired by
    Signature

    (Apr 2016)

Investors in Prime Aviation Services

Prime Aviation Services has secured backing from 1 investor. Prominent investors backing the company include Signature Aviation.

All
InvestorDescriptionFounded YearDomainLocation
Signature Aviation is recognized as a leading provider of private aviation terminal services.
signatureflight.com
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Investor details for Prime Aviation Services

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Board of directors of Prime Aviation Services Private Limited (Prime Aviation Services)

Prime Aviation Services Private Limited is the primary company behind Prime Aviation Services. The board of Prime Aviation Services Private Limited currently have 2 directors; the longest-serving is Taran Singh Duggal, appointed in 1996.

DirectorDesignationAppointedTenureEntity
Taran Singh Duggal
DIN 00157455
Director10 May 199630 yrs 5 moPrime Aviation Services Private Limited
Satinderpal Kaur Duggal
DIN 00307990
Director01 Dec 199629 yrs 11 moPrime Aviation Services Private Limited

Financials of Prime Aviation Services

Figures of Prime Aviation Services Private Limited, the primary company behind Prime Aviation Services, for FY 2022. Revenue was ₹5.6 Lakh (-13% year on year). Net loss was -₹14.5 Lakh (-258% margin). EBITDA was -₹5.6 Lakh (-99% margin). Revenue has grown at a compounded annual rate of -37% over three years and -43% over five years.

  • ₹5.6 LakhRevenue · FY 2022 · -13% YoY
  • -₹14.5 LakhNet loss · -258% margin
  • -₹5.6 LakhEBITDA · -99% margin
  • ₹5 LakhPaid-up capital
  • -37%Revenue CAGR, 3 years
  • -43%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Prime Aviation Services Private Limited are on its company page.

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Detailed financial statements for Prime Aviation Services

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  • Downloads

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Timeline of Prime Aviation Services

2 dated milestones of Prime Aviation Services across 20 years, from founding to its latest funding, stage changes and deals.

  1. Founded Prime Aviation Services is founded.
  2. Exit Acquired by Signature.

Top companies in Aviation Ground Handling Services

2 companies that operate in the same segment as Prime Aviation Services (Aviation Ground Handling Services) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Management of airports and aviation services in India.
1995Delhi, Delhi, IndiaUSD 22.49 K
Aviation ground handling services are provided across Indian airports.
2008Mumbai, Maharashtra, IndiaUSD 117.4 M14,387
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Frequently Asked Questions about Prime Aviation Services

Prime Aviation Services was founded in 1996.

Prime Aviation Services is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

The primary company behind Prime Aviation Services, Prime Aviation Services Private Limited, reported revenue of β‚Ή5.6 Lakh for FY 2022, down 13% year on year.

Prime Aviation Services was founded in 1996 and is headquartered in Delhi, India. Ground handling services are delivered within the aviation sector, encompassing baggage management, passenger assistance, and ramp operations at airports. The companys activities support airline efficiency and safety protocols. Operations are centered in India, with the domain primeaviationservices.com maintained for business communications and information access. Focus remains on standard ground support requirements.

Prime Aviation Services has 1 investor. Key investors include Signature Aviation.

Prime Aviation Services operates through Prime Aviation Services Private Limited.

Yes. Prime Aviation Services was acquired by Signature in April 2016.

The legal entities of Prime Aviation Services currently have 2 directors, including Taran Singh Duggal, Satinderpal Kaur Duggal.

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