Taneja Aerospace enters into MRO facility agreement

Taneja Aerospace & Aviation has entered into maintenance repair and overhaul facility agreement with Air Works Commercial MRO to license seven acres of land and upto five hanger space on a long term basis.

MUMBAI: Taneja Aerospace & Aviation has entered into maintenance repair and overhaul facility agreement with Air Works Commercial MRO to license seven acres of land and upto five hanger space on a long term basis.

The company would initially be licensing two hanger space which would result in cash inflow of Rs 7.50 crore per annum.

At 12:41 pm, Taneja Aerospace shares were up 2.72 per cent at Rs 228.10 on the BSE.
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