Sunday, January 05, 2014

CIASL in elusive search for hangar partner

Kochi: The Cochin International Airport Services Limited (CIASL) which is a subsidiary of Cochin International Airport Limited (CIAL) is continuing to find a strategic partner to run its maintenance, repair and operations (MRO) or hangar unit.
Senior CIASL officials scotched reports that it has entered into a Memorandum of Understanding (MoU) with a Jordanian firm to run the hangar.
“No firm has been selected so far and negotiations are on with various firms,” said R Venkiteswaran, CIASL managing director, without divulging the names of the firms.
It is learnt that CIASL is in talks with Malaysian, Sri Lankan, Jordanian, Qatar firms as well as GMR and Indigo now for a partnership to run the hangar.
04/01/14 Deccan Chronicle
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