TIMCO, HAL Announce MRO JV In India

A new joint venture plans to open a facility for Airbus and Boeing narrowbody aircraft MRO in India, although its opening date is not yet defined. Partners TIMCO Aviation Services and Hindustan Aeronautics Ltd. say they will wait until they see enough demand for a sustainable business in heavy aircraft MRO. "Both partners have agreed to take a pause on the start up until the market and economic outlook clarifies," said Gene House, TIMCO's executive VP and chief marketing officer. Waiting for India's fairly new fleet of commercial aircraft to age is a big factor.
The JV between TIMCO and HAL combines the MRO's heavy maintenance and Lean processes experience with Hindustan Aeronautics' in-country presence and manufacturing and repair capabilities. The facilities will be collocated with HAL's manufacturing complex at Bangalore airport.
Several aviation entities have announced intentions to pursue the burgeoning Indian MRO market, although they generally are materializing slowly as Indian fleet ramps up.
20/04/09 Lee Ann Tegtmeier/Aviation Week

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Categories: Foreign Apr 2009, Indian Aviation- In General Apr 2009