Press Release Author: Mahendra Varma has 3 years experience in writing articles; he is currently working as web analyst in http://www.maaproperties.com
Industry: Real Estate
Press Release Summary: GMR Hyderabad International Airport Ltd. and Malaysia Airlines on Wednesday said that they will jointly set up an aircraft maintenance, repair and overhaul facility at the new international airport in Hyderabad.
Press Release Body: GMR Hyderabad International Airport Ltd. and Malaysia Airlines on Wednesday said that they will jointly set up an aircraft maintenance, repair and overhaul facility at the new international airport in Hyderabad.The MRO unit will provide maintenance services for narrow and wide-body aircraft, and will be able to handle all kinds of aircraft ranging from light jets to super-jumbos such as the Airbus A380, a joint press release said.The Kingfisher Airlines in June 2005 had ordered five A380 aircraft, with an option to buy five more. Aircraft delivery is schedule to begin in 2011. A GMR-HIAL spokesman said the MRO facility would be located at the Shamshabad airport SEZ. \"Investment in the MRO, equity structure of both parties and size of the land are all part of the business plan that is yet to be finalised and will be conveyed shortly,\" he said.The proposed MRO is expected to start operations by the third quarter of 2009, he added. GMR-HIAL is a joint venture company promoted by GMR Infrastructure Ltd to develop and operate the greenfield international airport at Hyderabad.
2012
