Air India (AI) and Singapore-based SIA Engineering Company (SIAEC) have signed a Memorandum of Understanding (MoU) to explore the creation of a Maintenance, Repair and Overhaul (MRO) joint venture in India.
Joint venture
Singapore Airlines (SQ) and Malaysia Airlines (MH) have officially launched an antitrust-immunized joint venture, marking a major milestone in aviation cooperation between the two Southeast Asian flag carriers.
Alaska Airlines (AS) is reportedly in discussions to join the transpacific joint venture between American Airlines (AA) and Japan Airlines (JL).
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GMR Group has announced that the Kualanamu International Airport in Medan, Indonesia has started to be run by its joint venture, Angkasa Pura Avicii. PT Angkasa Pura II, the state-owned airport operator in Indonesia, and GMR Airports Ltd. have partnered to become Angkasa Pura Aviasi (APA).