Rs. 400 crore investment planned in phases
60-80 aircraft can be serviced annually
HYDERABAD: A year after launching operations of the first greenfield airport of the country, GMR Hyderabad International Airport Limited (GHIAL) has embarked on another major initiative, setting up of a state-of-the-art aircraft maintenance, repair and overhaul (MRO) facility in the premises of the airport.
Planned in phases with an investment of nearly Rs. 400 crore, the MRO would begin with airframe maintenance works.
This would be followed by components and minor assembly works in the second phase and full-fledged engine overhaul and total fleet management works. GHIAL has entered into a joint venture with MAS Aerospace Engineering, a wholly-owned subsidiary of Malaysia Airlines, for setting up the facility.
GMR group Chairman G. Mallikarjuna Rao told reporters here on Friday that the new facility would enable significant cost cutting for airline carriers that were hitherto spending huge amounts for sending the aircraft for MRO abroad.
Being launched with a timeframe of 18 months for the first phase and 24 months for completion, the 25-acre facility would be equipped to service about 60-80 aircraft annually. Besides, GHIAL was in discussions with various other players for offering aviation training, aerospace engineering and high value services, including design at the special economic zone adjacent to the airport.
The MRO facility would initially have hangars for two narrow bodied aircraft that would later be extended to accommodate the wide-bodied aircraft. It would also create high value jobs and GHIAL had sent 72 trainees to Malaysia for onsite work and development as full-fledged licensed aircraft engineers with type ratings.
Malaysian Airlines Deputy Chairman N. Sadasivan Pillai said that the global aviation market was facing “all sorts of difficulties” in the current recession and the company had entered into the agreement for positioning the joint venture as a leading MRO player.
He hinted at moving some of the company’s operations here claiming the MRO would be made one of the biggest facilities in South Asia. GMR group business Chairman-airports Kiran Kumar Grandhi welcomed the gathering.