Wednesday, September 26, 2012

Ministry looking at small, medium airports for MRO facilities

Mumbai: The Civil Aviation Ministry is looking at small and medium airports to set up MRO (Maintenance, Repair and Overhaul) facilities in India. MRO business in India is pegged at $800 million at present, and is estimated to grow to $1.5 billion by 2020. Recently, Air India received the Cabinet approval to hive-off Air India Engineering Services and Air India Transport Services into wholly owned subsidiaries of the airline.The Engineering Services subsidiary will handle maintenance, repair and overhaul (MRO), while the Transport Services will take care of ground handling services like ticket check-in.
According to Arun Mishra, Director-General of Civil Aviation, space is a major constraint in setting up the MRO facilities.
26/09/12 Business Line
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