Jet Airways to set up MRO unit in Bangalore

Private air-carrier Jet Airways has entered into a land-leasing agreement with Bangalore International Airport Limited to set up a maintenance, repair and overhaul facility in Bangalore.

MUMBAI: Private air-carrier Jet Airways has entered into a land-leasing agreement with Bangalore International Airport Limited to set up a maintenance, repair and overhaul facility in Bangalore.

"Jet Airways has entered into a framework agreement with Bangalore international Airport Limited (BIAL) with regard to sub-leasing land at the new Bangalore International Airport to construct a base maintenance and engineering facility," the company said in a communique to the Bombay Stock Exchange (BSE) today.

When contacted, a company official declined to divulge details of the project.

It is, however, understood that the facility would be used for both the wide and narrow-bodied aircraft.

Before zeroing in on Bangalore, Jet was also considering other locations for its MRO such as Delhi, Nagpur, Hyderabad and Chennai.

The MRO is likely to come up by 2010.
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