Hal, Pratt & Whitney to set up MRO joint venture

New Delhi: State-owned Hindustan Aeronautics Ltd is set to enter into a joint venture agreement with global aerospace major Pratt and Whitney Canada (P&WC) for an aircraft maintenance, repair and overhaul (MRO) centre in Bangalore.
Hal and P&WC officials are close to signing an agreement regarding this.
Confirming the development, P&WC commercial-service centres vice president Claude Lachapelle told that the two parties might sign an agreement soon.
Lachapelle said the MRO centre, which could service about 150 aircraft engines every year, was likely to come up by the middle of next year.
The details of the joint venture regarding shareholding and investments are yet to be finalised, Lachapelle said.
26/11/06 Zee News

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