Saturday, March 08, 2008

Three Nacil MROs to take wings by fiscal-end

New Delhi: Three of the four maintenance repair and overhaul (MRO) facilities, to be set up by National Aviation Company of India Limited (Nacil), will begin operations fiscal-end.
Consulting firm Accenture was hired by Nacil to advise the public-owned airline on its way forward. It was suggested that the airline start four MROs – two for airframes (with Boeing and EADS), one for aircraft engines and another for aircraft components.
After the Nacil board approved this plan, the airline has signed MoUs with aircraft manufacturers EADS and Boeing. Nacil will come out with the RFP (Request for Partner) for the engine MRO in a couple of months, sources said.
The MRO with Boeing is in its advanced stages but at the moment negotiations are on over the shareholding pattern of the JV company though the two firms are yet to sign the MoU (only an in-principle MoU was signed with the erstwhile Air India).The MRO is expected to be set up in Nagpur with around $100 million in initial investment.
The MRO with airplane maker Airbus’ parent company EADS was signed on January 24 and at present the two firms are working out the business plan. The MRO with EADS is expected to be in Delhi as Nacil has quite a bit of infrastructure in place here already, sources said.
07/03/08 Shauvik Ghosh/Financial Express
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