Air India, GE to set up $90 mn engine maintenance facility

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New Delhi: India’s national carrier Air India on  March 4 signed an agreement with GE Aviation, a unit of General Electric Co. (GE), to set up a $90 million facility to maintain aircraft engines.
Under GE Branded Ser-vices Agreement (GBSA), GE Aviation will provide technical support while Air India will offer maintenance, repair and overhaul (MRO) services for the GEnx-1B engine.
The facility will come up at Air India MRO in Mumbai and with an investment of $90 million, of which GE will contribute $20 million, Air India chairman and managing director Arvind Jadhav told reporters at India Aviation 2010 here.
Jadhav said it would further advance Air India’s plans to become a global MRO service provider. He said if such engineering works were taken up at all places like Mumbai, Delhi, Kolkata and Hyderabad, Air India could earn Rs.3,000 crore to Rs.4,000 crore per year in two to three years.

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