Air India to have 2nd highest stake in Nagpur MRO

Mumbai: National carrier Air India on Saturday said it intends to have the second-highest stake in the Nagpur maintenance repairing overhaul (MRO), proposed to be developed by the US airplane manufacturer, Boeing.
Following a 68-airplane order placed by Air India including 777S, 737S and 787S in December 2005, Boeing, as a part of the commitment, had announced the setting up of the regional maintenance and repairing facility in Nagpur at an investment of USD 100 million.
"We are very keen to take part in the Nagpur MRO and will put forward a proposal, but nothing has been finalised yet," Air India Chairman and Managing Director V Thulasidas told reporters here.
"We are yet to take a final call as to how much stake we will have in the venture, but surely, that will be the second-highest after Boeing itself," he said.
16/09/06 Zee News

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