Embraer bets big on Indian economy

Chennai/ Bangalore: With India being one of the fastest-growing economies, the sales of business jets are picking up pace. Business jets manufacturers like Embraer are betting big on the market. Over the next two years, Embraer will be delivering 20 of its business aircraft. As of now, the aircraft manufacturer has three aircraft in the country. Though the country has only three aircraft in the country today, it is preparing the infrastructure for the maintenance, repair and overhaul of more aircraft. It has tied up with Airworks, a MRO player, for providing MRO services to its customers. “It is a customer-driven move,” Andre Sousa, director-customer support (executive jets), Embraer Asia Pacific Lte Ltd, told Business Standard. Embraer, the Brazilian aerospace firm that is one of the biggest small and medium jets, is setting up customer support and is widening its customer support base with its tie-up with Airworks. Airworks will provide its support at four centres, New Delhi, Mumbai, Bangalore and Chennai.
Airworks on its part will stock spare parts, most of which are parts that require more frequent replacements. “We will bring the parts from Singapore and Dubai the other parts that require fewer replacements,” said a top ranking sources from Airworks.
10/02/11 Praveen Bose/Business Standard

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Categories: Foreign Feb 2011