Thursday, July 22, 2010

Air Works India set to close two aircraft maintenance deals

Bangalore: Air Works India Engineering Pvt Ltd has accelerated its organic growth even as it is scouting for an engine overhaul company in Europe and Middle East.
The aviation services company is on the verge of closing deals with two airlines in the South Asia and the Middle East for the maintenance and repair of A320 and Boeing 737 aircraft.
Vivek N Gour, the newly appointed chief executive officer (CEO) of Air Works, said the contracts have been finalised, it was now only a matter of closing the deal.
Owing to the confidentiality clause in the deal, Gour did not reveal the names of the companies.
Besides these, the aircraft maintenance, repair and overhaul (MRO) company is pursuing other deals for which it has put in bids and is expecting to win them on competitive pricing.
22/07/10 Praveena Sharma/Daily News & Analysis
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