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AIRWORKS
Adani group wants to make it big into allied segments of airport businessPeople in the know said that the group has chalked out a plan where it will try to grow the business in two ways — one by acquiring more ai...- Indian aircraft maintenance industry takes offThe industry in India generates about $900 million annually and the industry is growing at a modest rate over years despite the aviation in...
- Air Works on sale, promoters eye Rs 1,800 crore valuationAir Works, an aviation maintenance and overhaul services provider, is on the block, and its promoters expect valuation of up to 1,800 crore.
- Airbus to maintain Vistara fleet; AirWorks may bag MRO dealThe full service carrier, which was earlier expected to take wings by the middle of next month, may now take a couple of months to launch i...
- Budget 2013: Govt gives concessions to MROsCalling MRO as a nascent industry FM said during Budget speech that the sector has been offered some concessions.
- Flying a private aircraft becomes costlier as AAI increases MRO royalty chargesOwners of business jets and other private aircraft who want their flying machines to be serviced in India will have to pay at least 33-37.5...
- US PE firm to invest Rs 84 crore in Trishe DevelopersNew Enterprise Associates has finalised a deal to invest Rs 84 cr to pick up a minority stake in Chennai-based company Trishe Developers.
- DGCA suspends Indmar's licence, orders probe on alleged irregularityThe director general of civil aviation (DGCA) has suspended the licence of Indmar, one of the oldest maintenance, repair and overhaul (MRO)...
- Mid-tier firms in small towns buy aircraft to save time and improve efficiencyThe demand for private aircraft is strong from mid-tier cos in relatively remote places such as Aurangabad, Coimbatore, Tirupur, Surat and ...
- Court acquits two accused in Ambani helicopter sabotage caseA local court today acquitted two persons accused of sabotaging business tycoon Anil Ambani's helicopter in April last year, due to lack of...
- ADAG employees given clean chit in Borge's death caseBorge's death is being treated as an accident, murder or suicide ruled out.
- Two arrested for Ambani chopper sabotageTwo employees of aircraft maintenance firm Airworks India Engineering Pvt Ltd were on Monday arrested for their alleged role in the sabotag...
- ADAG officials get clean chit in key witness' deathRailway police on Friday gave clean chit to three officials of Anil Dhirubhai Ambani Group (ADAG) whose statements were recorded in connect...
- Statements of Airworks and Reliance officials to be recordedStatements of Airworks company and Reliance group officials will be recorded in connection with the death of Bharat Borge, a key witness in...
- Rel Group, Airworks officials could be questioned, say policeOfficials of Anil Ambani-led Reliance group and Airworks company could be called for questioning in connection with the death of Bharat Bor...
- Suspense over key witness Borge's death continuesThe death of Bharat Borge, a key witness in Anil Ambani's helicopter sabotage case, remained shrouded in mystery with the police treating t...
- Anil Ambani chopper case: 'Borge’s death accidental'Borge, the mechanic who found pebbles in filler neck of Anil Ambani's helicopter, was found dead.
- Borge showed 'exemplary presence of mind'He is believed to have been run over by a Churchgate-bound fast local. Airworks in a statement described Mr Borge as its “senior-most techn...
- Anil Ambani chopper case witness found deadBharat Borge, the mechanic who found pebbles in the filler neck of the helicopter, was found dead.
- Punj Lloyd, US PE pick Airworks stake for Rs 100 crIn the first deal of its kind in the country’s general aviation sector, New York-based private investment firm Global Technology Investment...
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