New Delhi: Excited over "huge opportunities" for maintenance, repair and overhaul (MRO) business in India, AirAsia Chief Tony Fernandes today said he was in talks with Airbus for setting up regional MRO centres in the country.
Noting that Indian carriers were sending their aircraft abroad to get them repaired, he said India was losing foreign exchange as taxes on spares and related items were "discouraging" airlines to get their planes fixed here.
Observing that MRO business was important as it would help lowering the costs for the airlines, he said, "I want to get fares down in India. So I am looking at all the components of costs so that the common man can travel.
02/07/13 PTI/Economic Times
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Noting that Indian carriers were sending their aircraft abroad to get them repaired, he said India was losing foreign exchange as taxes on spares and related items were "discouraging" airlines to get their planes fixed here.
Observing that MRO business was important as it would help lowering the costs for the airlines, he said, "I want to get fares down in India. So I am looking at all the components of costs so that the common man can travel.
02/07/13 PTI/Economic Times
