Mro Sector

Star Air to venture into aircraft MRO business with joint venture

Regional carrier Star Air on Monday said it is looking to enter into the aircraft MRO business in a joint venture for line and major maintenance to cater to the regional and business jets fleet. The Bangalore-based airline, which this month completed six years of its operations, also said it is aiming to have 14 aircraft in its fleet by March this year besides expanding the network to over 100 flights. Founded in 2019 by the Kolhapur-headquartered diversified group Sanjay Ghodawat Group with business interest in sectors such as energy, aviation, consumer products, retail, real estate and textiles, among others, Star Air has a fleet of nine Embraer aircraft, operating 44 flights per day to 23 domestic destinations. The proposed MRO facility, the land for which is being identified, will run under a subsidiary engineering company, Star Air said, adding it will support line and major maintenance dedicated to regional aircraft and business jets. The company, however, did not share speci

Indian aircraft MRO sector to grow 50% in topline by FY26, says Crisil

The Indian aircraft maintenance, repair and overhaul (MRO)industry is expected to see a 50 per cent topline growth to Rs 4,500 crore in FY26 amid fresh demand triggered by airline operators' expanding fleet size, ratings agency Crisill said on Monday. The rating agency's study based on three MRO operators, which account for 90 per cent of the industry's revenue, also pointed out that reduction in GST on aircraft components and services not only positions domestic MRO players more competitively with their overseas competitors but also ease their working capital blockage. Indian MRO players typically provide three types of services -- line checks (undertaken before every take off), air frame checks (every 12-18 months which involves grounding the aircraft for 3-4 weeks) and redelivery checks (at the time of expiry of lease period of 6-7 years). "Revenue of the domestic aircraft maintenance, repair and overhaul industry will surpass Rs 4,500 crore in fiscal 2026, clocking an impressive

Haveus Aerotech gets DGCA approval for cargo handling-related maintenance

Aircraft maintenance, repair and overhaul (MRO) services operator services provider Haveus Aerotech Ltd on Wednesday announced that it has received aviation safety regulator DGCA's nod for offering maintenance services for certain aircraft parts that hold cargo and baggage. The MRO operator has received approval for Unit Load Devices and pallet maintenance services for its recently expanded Delhi facility, the company said in a statement. We have achieved a major milestone by becoming the first MRO in India to receive Directorate General of Civil Aviation (DGCA) CAR 145 approval for Unit Load Devices (ULD) and Pallets, the statement said. HaveUs AeroTech MD and CEO Anshul Bhargava said, We have received this approval for our recently-expanded Delhi facility as of now, very soon we will try and get the DGCA approval for the Mumbai, Bengaluru and Kolkatta facilities too. A ULD is a removable aircraft part, such as a pallet and net combination or a container, that holds cargo, baggage

India's defence MRO sector set to take off over the next five years

Global OEMs like Boeing, Lockheed Martin partnering with domestic players for world-class facilities

From Dassault to Boeing: India's military aircraft MRO dreams take flight

Local partners like the Tata Group and AIESL are also involved in setting up these domestic MRO projects, while changes in taxation policy are expected to give the ecosystem a fillip

Union Budget 2024: Companies get limited relief to push MRO services

Indian carriers allocate approximately 12-15 per cent of their total revenues to MRO services, positioning it as the second-largest expenditure following fuel costs

Air India, BIAL sign MoU to develop Bengaluru as premier aviation hub

The partnership is aimed at expanding air connectivity as well as building maintenance, repair and overhaul (MRO) facilities at the Bengaluru airport

Engine MRO in India could have saved Go First, says govt official

Go First suspended its flights and filed an insolvency application, squarely blaming engine manufacturer Pratt & Whitney (PW) for its cash crunch

90% of our MRO expenses directed to foreign firms: IndiGo to MoCA

Reach out to aircraft equipment makers to set up MROs in India: IndiGo to govt

'Inability to build commercial aircraft one of India's biggest failings'

Civil Aviation Secretary Rajiv Bansal called India's inability to manufacture commercial aircraft a "huge pain point"

HCLTech signs multi-year contract with Swiss MRO firm SR Technics

HCLTech's role is to digitally transform the Swiss company's business, will implement a new greenfield SAP S/4HANA environment hosted on Microsoft Azure using RISE with SAP

Adani Group buys Air Works, forays into aircraft maintenance business

The MRO firm, which has six investors, received its first external funding from GTI Group and Punj Lloyd in 2007

French aircraft engine maker Safran Group to set up MRO facility in India

Defence minister welcomes Safran to be a part of joint development production projects

Costs, scarce widebody flights pose risks to aircraft maintenance business

Industry delegates at the Singapore Airshow said that the outlook was improving but that labour costs were rising

Civil aviation min announces new MRO policy; seeks to attract investments

The new policy for Maintenance, Repair and Overhaul (MRO) services includes leasing of land through open tenders and abolishing royalty charged by the AAI

India's MRO sector remains in idling position so far; here's why

Earlier the tax that was paid on labour could not be set off against the tax that was being paid by airlines, but now the full GST can be set off