Business Daily from THE HINDU group of publications Wednesday, Oct 15, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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Airlines AI, Airbus to sign MRO deal tomorrow Our Bureau Hyderabad, Oct. 14 Air India has lined up four MRO (maintenance, repair and overhaul) facilities in the country in association with global leaders in the segment. The company, which has already announced plans to set up an MRO in a joint venture with Boeing, would sign an agreement with Airbus on October 16. “We are going to sign the deal with Airbus during the four-day India Aviation-2008, the maiden aviation conference-cum-expo at Hyderabad,” Mr Jitender Bhargava, Executive Director, said. He, however, refused to spell out further details on the proposed MRO. The MRO segment is one of the few areas the public sector airline is looking at to augment revenues from other areas of aviation business. The company has decided to establish different SBUs (strategic business units) after completing major portion of the merger process with Indian (formerly Indian Airlines). The other two MROs proposed would specifically look at engines and components. ‘AI hopes to save Rs 1,100 cr thru merger by year-end’ Boeing offers a variety of new aircraft to AI More Stories on : Airlines
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