Mainboard-listed SIA Engineering and Air India Engineering Services, a wholly-owned subsidiary of Air India, providing maintenance, repair and overhaul services, entered into a non-binding Memorandum of Understanding to establish a business collaboration to offer MRO services in India. Pursuant to the MOU, SIAEC and AIESL will collaborate to offer line maintenance and ancillary services at various airports in India as well as engineering training, inter alia. Both companies will be able to offer a wider spectrum of services and customised packages to domestic and foreign airlines operating in and out of India.
The collaboration will draw upon AIESL’s extensive infrastructure and resources within India and their local knowledge and expertise in the India market, and SIAEC’s comprehensive MRO service offerings and maintenance capabilities including the offerings and capabilities for new-generation aircraft.
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SIA Engineering Company and Air India Engineering Services collaborate to provide MRO services in India
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