Aircraft manufacturer Airbus has selected Karnataka-based Aequs Aerospace to supply over 100,000 titanium-machined parts for its new aircraft A320Neo. With this partnership Aequs will become the only Indian partner of Airbus to supply titanium parts.
Aequs Aereospace, the subsidiary of Belagavi-based Aequs Private Limited, will perform the work at its aerospace machining facility at the Special Economic Zone.
“This contract for specialised titanium components underpins our commitment to expand our aerospace supplier partnerships in consonance with ‘Make in India’, which is at the heart of our strategy. We are proud to have Aequs as one of Airbus’ key Indian Tier-1 suppliers,” said Srinivasan Dwarakanath, President of Airbus Division in India. The aircraft maker exceeded $500 million in annual procurement from India in 2015. “We have a long-standing relationship with Airbus and have produced detail machined parts for its single aisle, long range, and large aircraft since 2009, including wing leading edge subassemblies for its A380,” said Aravind Melligeri, Chairman and CEO, Aequs.