Wednesday, October 17, 2007

Pratt & Whitney plans MRO facility in India

New Delhi: American aircraft engine manufacturer Pratt & Whitney (P&W) plans to set up a maintenance, repair and overhaul (MRO) facility in India to tap the fast growing civil aviation industry.
The multinational company is now assessing what type of aircraft engine the MRO should deal with.P&W is now increasing its MROs across the world to 24 from 22 now. By the end of next year, it would open an MRO facility at Shanghai in China and another one in Istanbul in Turkey in partnership with Turkish Airlines.
“We had exploratory talks with Kingfisher Airlines but no concrete development has yet taken place. We may put up an MRO on our own or may support an organisation to establish that,” P&W president Stephen N Finger said.
The company also plans to double its business from India to $60 millions in the next three to four years. Along with its engineering and manufacturing partners such as Infotech, L&T and Tata, the multinational has annual business of $30 million per annum in India now.
17/10/07 Economic Times
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