Wednesday, August 16, 2017

As India increasingly takes to the skies, here is how Modi government looks to provide a big boost

New Delhi: The Indian air travel market has been witnessing 20 per cent annual growth in domestic passenger traffic. To sustain this double digit annual growth, country’s aviation infrastructure needs to grow. It has been learnt that over 800 new aircraft are likely to enter the market. At present, 500 aircraft are operated by country’s carriers, PTI reported on July 20. Now, front-end infrastructure such as airport terminals and runways are coming up in good numbers. However, it is the aircraft maintenance which is still lagging behind in terms of global standard.
Air India Engineering Services Limited (AIESL)’s, a subsidiary of national carrier Air India, maintenance, repair and overhaul (MRO) facility in Nagpur is a vital cog in the wheel to address the above-mentioned issue. It has been learnt that the Nagpur MRO facility consists of two wide-body hangars, a support building and other miscellaneous buildings. The MRO unit is designed for undertaking maintenance of any type and size of aircraft, including A380. Each hangar can accommodate one wide body or three narrow body aircraft at a time, as per PTI report.
However, the growth and commercial viability of the facility will depend on a number of factors such as air traffic growth at Nagpur, having better commercial sense for private airlines, and fiscal incentives to the unit to make it competitive with other MRO companies in India and other key locations spread across Asia, according to Indian Express report.
16/08/17 Financial Express