Thursday, January 04, 2007

Cochin airport plans MRO, training unit

Mumbai: India's private airport venture Cochin International Airport (CIAL) is planning to set up an international maintenance, repair and overhaul (MRO) facility and an aviation training academy.
CIAL has already floated wholly owned subsidiary company Cochin International Aviation Services (CIASL) to set up MRO and training academy. Cochin airport would be the first airport to set up a MRO and training academy.
GMR Group promoted Hyderabad International Airport is also exploring options of setting up an MRO.
Sriram Bharat, managing director, CIAL, said the airport has already invited expression of interest (EoI) for appointing an aviation consultant to lay a roadmap for execution of academy and MRO.
The estimated cost of the MRO is Rs 200 crore at initial phases of development whereas the aviation academy will cost about Rs 300 crore.
04/01/007 Business Standard
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