At present, the financial status of the aviation industry is not sound. We have to recognize the potential of the industry. India can be a proposed hub. In global aviation ranking, the Indian aviation sector stands at ninth position.
Tag: MRO
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Airbus in talks for stake in GMR´s MRO unit
The GMR Group is in discussion with Airbus for a possible stake sale in its aircraft maintenance, repair and overhaul (MRO) unit in Hyderabad.
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Aviation Sector: Status Check and Roadmap
In the past decade, the Indian aviation industry has emerged as the 9th biggest aviation industry in the world. However, high taxes and slow pace of regulatory reforms have adversely impacted the growth of this industry.
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Industry seeks policy boost for aircraft MRO segment
Lack of proper policy for aircraft maintenance, repair and overhaul (MRO) is hampering the development of the sector in the country, reports indicate. India is said to be having tremendous growth prospect in the MRO segment and hence industry body ASSOCHAM called for streamlining of taxes to encourage aviat
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Aviation sector not satisfied with budget 2013-14
CII's National Committee on Civil Aviation expressed dissatisfaction over the Union Budget 2013-14 as it feels that the budget has not done enough to boost the aviation sector. Even as it welcomed the the concessions granted to the MRO (Maintenance, Repair and Overhaul) sector, it noted that MRO industry is "small right now taking the aircraft population into account
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The growth challenges
The growing aviation market in India demands for improved airport and allied infrastructure. Nitin Bhasin highlights the need for improved regulatory framework and long-term planning and investment to address the key challenges in the Indian airport sector.India is currently the ninth largest aviation market in the world and may be set for a transformational growth to become the
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India Aviation 2012 to highÂ-light investment opportunities
In view of the significance of the aviation sector and need for highlighting the investment opportunities, the Federation of Indian Chambers of Commerce and Industry (FICCI) and Ministry of Civil Aviation are jointly organising the 3rd edition of India Aviation Conference.
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GHIAL mulls engine MRO facility
GMR Hyderabad International Airport (GHIAL)is understood to be at an advanced stage of talks with major aircraft engine manufacturers to set up engine MRO facilities.
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AI to spin off MRO
National carrier Air India (AI) plans to spin off maintenance, repair and overhaul (MRO) engineering operations by April to earn about Rs 3,000 crore annually through the engineering division.
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