{"id":29699,"date":"2023-03-21T23:10:42","date_gmt":"2023-03-21T17:40:42","guid":{"rendered":"https:\/\/aviationa2z.com\/?p=29699"},"modified":"2023-05-06T18:15:12","modified_gmt":"2023-05-06T12:45:12","slug":"air-india-faces-trouble-as-govt-decides-to-exclude-aiesl-from-disinvestment-process-exclusive","status":"publish","type":"post","link":"https:\/\/aviationa2z.com\/index.php\/2023\/03\/21\/air-india-faces-trouble-as-govt-decides-to-exclude-aiesl-from-disinvestment-process-exclusive\/","title":{"rendered":"Air India Faces Trouble As Govt Decides To Exclude Aiesl From Disinvestment Process | Exclusive"},"content":{"rendered":"\n

Air India faces<\/strong> a difficult road ahead in terms of fleet maintenance and servicing as a result of the government’s choice to exclude Al Engineering Services Ltd., or AIESL, <\/strong>which provides engineering services to Air India, from the disinvestment process.<\/p>\n\n\n\n

Campbell Wilson, Chief Executive Officer and Managing Director of Air India, said that building up in-house engineering <\/strong>capability is a topic that is given serious thought. \n\nHe was speaking at the CAPA India Aviation Summit 2023<\/strong> on Monday in Delhi.<\/pre>\n\n\n\n
\"Air<\/figure>\n\n\n\n
Air India was transferred to Tata Sons in a disinvestment procedure in January 2022 for a price of Rs. 18,000 crore, but AIESL<\/strong> is still owned and run by the government. An independent disinvestment process for AIESL has now been launched by the government.<\/p>\n\n\n\n
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“One of the unfavourable surprises was that the government kept Air India’s engineering capabilities <\/strong>even though it had been virtually eliminated from the start of the privatisation process. <\/em><\/p>\n\n\n\n
As a result, we had to develop our own internal engineering capabilities<\/strong> <\/em>“Wilson stated.<\/p>\n<\/blockquote>\n\n\n\n
AIESL is still providing maintenance and engineering services to Air India, but this will only be till the end of next year.<\/p>\n\n\n\n
“But, given our expansion and maintenance fleet, <\/strong>what happens beyond that requires careful consideration,” Wilson said.<\/p>\n\n\n\n
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“We are employing some services from third parties\u2026 Hong Kong\u2026sometimes Singapore\u2026but ultimately we will need to establish (capacity) a lot more in-house\u2026,” <\/strong>Wilson explained.<\/p>\n<\/blockquote>\n\n\n\n
\"\"<\/figure>\n\n\n\n
While India has domestic aircraft maintenance, repair, and overhaul <\/em>companies such as AIESL, Air Works, and GMR Aero Technic<\/strong>, among others, much of the high-end aircraft heavy maintenance and redelivery checks are performed outside the country at MRO hubs in Singapore, Hong Kong, and the Middle East, <\/em>resulting in a significant foreign exchange outflow from the country.<\/p>\n\n\n\n
Stay tuned\u2026 <\/p>\n\n\n\n
Join Our Telegram Group <\/a>for Latest Aviation Updates. <\/p>\n\n\n\n
Also read: Noida, Navi Mumbai Airports Are Set To Start Operations Next Year | Exclusive<\/a><\/p>\n\n\n\n
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AIESL MRO Gets the US FAA Approval for A320 Maintenance | Exclusive<\/a><\/blockquote>