August 21, 2008
Malaysia Airlines, GHIAL to Set Up MRO Facility in Hyderabad
Malaysia Airlines and GMR Hyderabad International Airport Limited have signed a memorandum of understanding, which will see the establishment of a maintenance, repair and overhaul organization to provide maintenance services on narrow and wide body aircraft at the Rajiv Gandhi International Airport in Hyderabad, India.
The maintenance, repair and overhaul (MRO) center is expected to handle all types of aircraft from light jets to super-jumbos such as the Airbus A380.The finalization of an agreement between Malaysia Airlines and GMR Hyderabad International Airport Limited (GHIAL) is expected to open up new opportunities for both companies to capitalize on the growing aviation market in the Indian sub-continent.
Tengku Zahruddin, executive director and CFO of Malaysia Airlines, said: "All the narrow and wide body aircraft requires maintenance but the current MRO providers in India are unable to cope with the requirements. Currently, most of the aircraft are sent to Malaysia and other MRO providers overseas for heavy maintenance. As such, we will be able to capitalize on these opportunities and position the joint venture company as a leading MRO player in the sub-continent."