CFM, Indian Airlines ink venture deal

CFM International and Indian Airlines said Wednesday they'll form a joint venture to maintain, repair and overhaul engines.
The airline and CFM will establish a facility in India that will service CFM56-5B and CFM56-7B engines, according to a news release.
"This is a landmark agreement that will benefit not just our fleet, but the aviation industry in India," said Vishwapati Trivedi, chairman and managing director of the New Delhi-based airline.
Indian Airlines, which is owned by the Indian government, operates six Airbus A319 aircraft with CFM56-5B engines, and has 43 Airbus A320 aircraft, powered by the engines, on order.
14/02/07 Cincinnati Business Courier, US

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