Cochin International Airport Ltd. (CIAL) is gearing up to launch its MRO facility by January, and is in talks with Indian and U.S. carriers about joint venture plans, sources say.
CIAL Managing Director C.G. Krishnadas Nair tells The DAILY the construction of hangars has now entered the final phase. “Once the MRO becomes operational, we want to emerge as a role model for non-Metro airports. We are hopeful of finding a right partner to run the MRO activities. We are offering up to 50% equity to either a finance partner, business partner or a technology partner,” Nair adds.
Through the MRO facility, CIAL hopes to bring back business that is now going out of India for want of a facility, generate employment and offer relative services at optimum cost.
Airport Director A.C.K. Nair says the agency to run the MRO facility along with CIAL will be finalized soon. “The link taxiway is getting ready. We are now exploring the possibility with Air India and private airline firms to use the facility once it’s ready. The potential is huge and we are hopeful of getting an agency who can explore the potential fully,” Nair says.
06/10/10 Anantha Krishnan M/Aviation Week
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Wednesday, October 06, 2010
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Cochin Airport Seeking MRO Partner
Wednesday, October 06, 2010
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