Press Trust of India / New Delhi Aug 31, 2009, 18:08 IST
Aircraft repair services provider Air Works has signed a Letter of Intent with Venice-based SuperJet International to become its authorised service partner for the Sukhoi Superjet 100 aircraft in India.
SuperJet International is engaged in marketing, customising and delivery of the Sukhoi Superjet 100 regional jet in various parts of the world.
Under the terms of the agreement, Air Works will perform the maintenance, repair and overhaul (MRO) services for the Sukhoi Superjet 100 aircraft series at its MRO facility in Hosur, near Bangalore, the company said in a statement.
"Our experience in aircraft maintenance will make our partnership with SuperJet long-lasting," Air Works CEO Fredrik Groth said.
Established in 1951, Air Works is the largest general aviation MRO company in India. It employs over 500 workers across 10 airports in the country.
In 2007, New York-based private investment firm Global Technology Investment and construction firm Punj Lloyd made equity investments in the company.