Indian inks deal with Jupiter Aviation for Airbus MRO

New Delhi: State-owned carrier Indian on Thursday signed an agreement with Rajeev Chandrasekhar-owned firm Jupiter Aviation and Logistics to set up a maintenance, repair and overhaul (MRO) facility at an estimated investment of Rs 300 crore. This facility -- for which aircraft maker Airbus is the advisor -- will be used for maintenance of airframes, the mechanical structure of an aircraft excluding engines.
Airbus’s parent EADS, which last month signed an MoU with Jupiter Aviation and Logistics to collaborate in aviation ventures, has authorised the Bangalore-based Jupiter to enter into the joint venture with Indian to set up an MRO. This facility is being set up under the offset agreement signed between Airbus and Indian.
The MRO facility will initially cover Airbus A 320 aircraft but later it will also cater to other Airbus family planes.
The location of MRO facility would be decided shortly, though Delhi, Mumbai and Hyderabad could be the possible choices.
22/03/07 Economic Times

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Categories: General Aviation Mar 2007, indian mar 2007, New Mar 2007