Air India to partner Boeing in Nagpur maintenance unit

Air India will be an equity partner in the Maintenance Repair and Overhaul (MRO) facility being set up by international aircraft manufacturer Boeing in Nagpur. The search for a third partner in the venture is on.
“We’ve sent a Memorandum of Understanding (MoU) to Boeing, but the exact nature of holdings will be worked out later,” said V Thulasidas, chairman and managing director of National Aviation Company of India Ltd. at the launch of Air India Express’s maiden Nagpur-Dubai flight on Monday. Boeing had announced setting up of the Rs500-crore MRO facility last year, as part of the Rs45,000-crore 111-aircraft deal with Air India.
Nagpur is now connected to two gulf cities — Doha and Dubai — through Qatar Airways and Air India Express, India’s low-cost international carrier. Described as “Nagpur’s double delight”, the flights were inaugurated on Monday. Union Civil Aviation Minister Praful Patel flagged off the Nagpur-Doha flight.
26/09/07 Jaideep Hardikar/Daily News & Analysis

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Categories: Foreign Sep 2007, NACL Sep 2007, New Sep 2007