Adani to spend on India’s largest aircraft upkeep, restore firm
AVIATION & AIRPORTS

Adani to spend on India’s largest aircraft upkeep, restore firm

The Adani Group, which manages seven airports within the country, is trying to spend money on India’s largest impartial plane upkeep, restore and overhaul (MRO) organisation in a bid to boost its civil aviation portfolio.

The group is exploring a settlement with shareholders of Mumbai-based Air Works Group to get a stake within the 71-year-old aviation agency.

Air Works providers GoAir, IndiGo, and Vistara, along with over a dozen overseas airways together with Lufthansa, FlyDubai, Etihad, Turkish Airways, and Virgin Atlantic. It also counts the Indian Navy amongst its clients and, earlier this month, collaborated with Boeing for heavy upkeep reviews on three Indian Navy P-8I long-range maritime patrol planes.

The Adani Group has started its due diligence into Air Works Group, a supply mentioned including that discussions have been at an early stage.

Air Works Group competes with 50 standalone Indian MRO gamers jointly with Authorities-run AI Engineering Providers Ltd and GMR Aero Technic.

Adani Group manages the nation’s second-largest airport in Mumbai, along with airports in Lucknow, Thiruvananthapuram, Jaipur, Ahmedabad, Guwahati, and Mangaluru. The corporation also gives MRO providers at its airports in collaboration with Mumbai-based Indamer Aviation Pvt Ltd.

The proposed take care of Air Works is according to the Adani Group’s plan to leverage options arising from the rising Indian civil aviation demand and the rising desire for MRO providers.

Adani has been keen on supplementing its airport's portfolio with MRO for a while currently. They have a partnership with Indamer Aviation however that hasn’t taken off. They’ve even made some appointments in the last 12 months to decide on the corporate’s broader MRO technique.

Image Source

Also read: Adani Group & Andhra Govt signs Mou for Rs 60,000 cr investment

The Adani Group, which manages seven airports within the country, is trying to spend money on India’s largest impartial plane upkeep, restore and overhaul (MRO) organisation in a bid to boost its civil aviation portfolio. The group is exploring a settlement with shareholders of Mumbai-based Air Works Group to get a stake within the 71-year-old aviation agency. Air Works providers GoAir, IndiGo, and Vistara, along with over a dozen overseas airways together with Lufthansa, FlyDubai, Etihad, Turkish Airways, and Virgin Atlantic. It also counts the Indian Navy amongst its clients and, earlier this month, collaborated with Boeing for heavy upkeep reviews on three Indian Navy P-8I long-range maritime patrol planes. The Adani Group has started its due diligence into Air Works Group, a supply mentioned including that discussions have been at an early stage. Air Works Group competes with 50 standalone Indian MRO gamers jointly with Authorities-run AI Engineering Providers Ltd and GMR Aero Technic. Adani Group manages the nation’s second-largest airport in Mumbai, along with airports in Lucknow, Thiruvananthapuram, Jaipur, Ahmedabad, Guwahati, and Mangaluru. The corporation also gives MRO providers at its airports in collaboration with Mumbai-based Indamer Aviation Pvt Ltd. The proposed take care of Air Works is according to the Adani Group’s plan to leverage options arising from the rising Indian civil aviation demand and the rising desire for MRO providers. Adani has been keen on supplementing its airport's portfolio with MRO for a while currently. They have a partnership with Indamer Aviation however that hasn’t taken off. They’ve even made some appointments in the last 12 months to decide on the corporate’s broader MRO technique. Image Source Also read: Adani Group & Andhra Govt signs Mou for Rs 60,000 cr investment

Next Story
Infrastructure Transport

Unified railway app for tickets and tracking launching in December

The Indian Railways is expected to launch a super app consolidating passenger services by the end of December, according to officials familiar with the project. The app, which is being developed by the Centre for Railway Information Systems (CRIS), will integrate with the Indian Railway Catering and Tourism Corporation (IRCTC), these officials stated. IRCTC would continue to serve as the interface between CRIS and passengers purchasing train tickets, and that integration between the super app and IRCTC is currently underway. The app will provide a wide range of services, including booking p..

Next Story
Infrastructure Urban

TN drives distributed growth vision with multiple new projects

Tamil Nadu is advancing on its plan to achieve comprehensive growth, launching numerous projects across business sectors with a focus on tier-2 and tier-3 cities. Soon after taking office in May 2021, Chief Minister M.K. Stalin emphasised his government’s commitment to developing both metro and smaller cities to drive industrial growth across the state. The industries department highlighted its focus on creating high-quality, well-paying jobs across Tamil Nadu by establishing various manufacturing facilities, including automobile plants, mini TIDEL Parks, and State Industries Promotion Corp..

Next Story
Infrastructure Energy

India's power consumption slightly up to 140.4 billion units in October

India's power consumption experienced a slight increase of about one per cent, reaching 140.47 billion units (BU) in October, compared to the same period last year. This growth was primarily attributed to a high base effect. In October of the previous year, power consumption had surged by over 22 per cent to 139.44 BU from 113.94 BU in October 2022. The maximum daily supply, or peak power demand met, decreased to 219.22 GW in October 2024 from 221.53 GW in October 2023. May 2024 saw peak power demand reach an all-time high of nearly 250 GW, surpassing the previous record of 243.27 GW set in S..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000