New Delhi: Disinvestment-bound Air India’s subsidiary Air India Engineering Services Ltd (AIESL) has firmed up plans to open a maintenance, repair and overhaul (MRO) unit in Muscat, Oman, from where it expects to generate labour revenue of at least $500,000 per annum, tender documents issued by the company showed. Despite being a 100 per cent subsidiary of Air India Ltd, AIESL is not a part of its parent’s disinvestment process and will be hived off through a demerger or other mechanism before the close of the exercise.
In the tender document for appointment of a sales and marketing agent in Oman, AIESL said that the MRO unit had received an approval from the Directorate General of Civil Aviation in India but was awaiting a clearance from the Public Authority for Civil Aviation, Oman. At this MRO facility, AIESL will not only conduct line maintenance of Air India aircraft operating on routes to Muscat but will also target other airlines having operations in the gulf country.
The Muscat MRO will be a part of AIESL’s overseas expansion plan under which it first opened an international branch in Sharjah, United Arab Emirates (UAE). “Based on the experience and backed by cost benefit analysis, the opportunity to expand to other international stations will also be explored. At present, the report for Abu Dhabi, Ras Al Khaimah, Muscat has been prepared to start AIESL line maintenance operations and achieve profitability,” the company had noted in its annual report for 2016-17 released in September.
31/05/18 Pranav Mukul/Indian Express
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In the tender document for appointment of a sales and marketing agent in Oman, AIESL said that the MRO unit had received an approval from the Directorate General of Civil Aviation in India but was awaiting a clearance from the Public Authority for Civil Aviation, Oman. At this MRO facility, AIESL will not only conduct line maintenance of Air India aircraft operating on routes to Muscat but will also target other airlines having operations in the gulf country.
The Muscat MRO will be a part of AIESL’s overseas expansion plan under which it first opened an international branch in Sharjah, United Arab Emirates (UAE). “Based on the experience and backed by cost benefit analysis, the opportunity to expand to other international stations will also be explored. At present, the report for Abu Dhabi, Ras Al Khaimah, Muscat has been prepared to start AIESL line maintenance operations and achieve profitability,” the company had noted in its annual report for 2016-17 released in September.
31/05/18 Pranav Mukul/Indian Express
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