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MRO SPACE
PM Modi, Macron discuss expansion of India's UPI in France, sign 19 pactsPrime Minister Narendra Modi and French President Emmanuel Macron met and signed 19 agreements. Discussions covered AI, innovation, trade, ...- Italian Defence Minister Crosetto’s bilateral visit strengthens the Indo-MediterraneanRising conflicts in the Indo-Mediterranean, especially after the October 7 attack on Israel and disruptions like the Strait of Hormuz closu...
- Adani Group plans to enter engine MRO, passenger aircraft-to-freighter conversion spaceAdani group is set to enter engine maintenance and passenger-to-freighter conversions. This expansion strengthens their aviation services b...
- 'New thinking, innovation, youth power': PM Modi lauds Gen Zs attempting to fly drones in Mars-like conditionsPrime Minister Narendra Modi celebrated India's space and defense achievements. He praised young innovators working on Mars-like drone tech...
- Singapore wants to invest in MRO facilities in Indian civil aviation: MEASingapore is eager to collaborate with India to enhance its civil aviation sector by developing maintenance, repair, and overhauling (MRO) ...
- IndiGo to add more international destinations; to explore new MRO opportunitiesIndiGo, aiming for a 40% international capacity share by 2030, will expand overseas routes with new A321 XLRs. The airline, currently holdi...
- AI Engineering Services to hire 1,000 people in coming months, says CEO Sharad AgarwalIndia is one of the fastest growing aviation markets in the world and domestic carriers have around 1,600 planes on order. With increasing ...
- HAL, Argentinian aerospace firm FAdeA to explore collaboration in MRO spaceThe pact was inked during the ongoing Paris Air Show 2023, Bengaluru-headquartered state-run company HAL said in a statement on Wednesday.
- Air India subsidiary AIESL inks MoU with SIAECBesides, the two companies will offer a wider spectrum of services and customised packages to domestic and foreign airlines operating in an...
- India's MRO sector growing fast, revenues pegged at $975 millionThe maintenance, repair and overhaul (MRO) space provides significant growth opportunities, more so because there are not many such facilit...
- Aircraft maintenance, repair and overhaul industry calls for proper policyAircraft MRO business is currently worth USD 500 million and is likely to grow over USD 1.5 billion by 2020.
- 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.
- MRO is now the Bermuda Triangle of Indian aviation: S Ravinarayanan, CEO, Axis AerospaceWe should follow the Singapore model and create a top class MRO to cater to global markets than just for India.
- India's MRO industry to be worth $1.5 billion by 2020Experts expect traffic to triple to 262 million passengers and estimate maintenance revenues are growing at 15% CAGR.
- Global aviation cos eye India to outsource maintenance workMaintaining aircraft is costly business. Consider this. If a plane needs to be serviced it has to be flown into specific maintenance, repai...
- Indian MRO industry builds hopes on global airlines' cost-cutting driveIndian commercial aviation MRO alone is expected to reach $1.06 billion by 2015.
- Jet may buy stake in MRO facility at Hyderabad airportJet is considering stake buy at a time when airlines spend as much as $100 million towards maintenance expenses.
- NACIL and EADS venture to set up MRO in IndiaNACIL and EADS today signed a joint venture agreement to set up an aircraft Maintenance, Repair and Overhaul (MRO) centre at New Delhi's In...
- KLM mulls MRO facility in IndiaKLM Royal Dutch Airlines, the Netherlands based international airlines operating in India, is considering setting up a maintenance repair a...
- Jupiter plans $100 m JV with KingfisherJupiter Aviation set to float a JV with Kingfisher-Air Deccan combine for an over $100 million MRO project.
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