Lufthansa Technik to cash in on India's air traffic potential

New Delhi: Hoping to cash in on India's emergence as one of the largest growth markets for air traffic, Lufthansa Technik, part of the Lufthansa Aviation group, plans to position itself as an experienced provider for support services of jet engines and crucial components to airlines in India.
Lufthansa Technik has decided to invest $20 million in the first Maintenance, Repair and Overhaul (MRO) facility for aircraft at the upcoming Rajiv Gandhi International Airport at Shamshabad on the outskirts of Hyderabad.
It signed an agreement with the GMR Hyderabad International Airport Limited (GMR HIAL) last week to set up the new facility that is likely to be ready by 2008-end.
Lufthansa Technik secured many contracts last year for providing total component support and MRO services with Air Deccan, the low-cost airline, Kingfisher Airlines and Jet Airways.
Lufthansa Technik has set up its Indian subsidiary — One Stop Airline MRO to supply technical components for the Airbus A-320 fleet of up to 60 aircraft at the Bangalore hub. State-owned carriers — Air India and Indian Airlines — also depend upon Lufthansa Technik for various component repairs as well as structural parts such as nacelles and thrust reversers.
16/04/07 Vinay Kumar/The Hindu

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Categories: Airports Apr 2007, Foreign Apr 2007, New Apr 2007