Thursday, July 26, 2007

Trial run of Rs 100-cr MRO facility at GHIAL in Dec

Hyderabad: The third party maintenance, repair & overhaul (MRO) facility coming up at the proposed GMR Hyderabad International Airport (GHIAL) will be the driving force for aviation business at Hyderabad, claims T Srinagesh, chief operating officer of the company.
Speaking to a select media here on Wednesday, Srinagesh said, "we are aspiring that Hyderabad become the 'aviation hub' at the earliest and in that direction the company is working along with the government." The company is planning to establish a training centre near the airport to impart training to the young engineers on aviation related trades, which may even be upgraded as a University at a later date, he pointed out.
This apart, the MRO facility, with heavy maintenance (D checks) facility, would further attract more airlines into the airport. As of now, about 10 airlines operate from the existing Begumpet airport and this will increase.
Revealing that the state government has provided VAT exemptions for the first five years operations to the MRO project, Srinagesh said that the civil works have already commenced at the site by Lufthansa Technik.
GHIAL has 24.5% stake in the MRO business, while the remaining is held by Lufthansa Technik AG.
26/07/07 Financial Express
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