{"id":51635,"date":"2023-11-19T17:36:56","date_gmt":"2023-11-19T12:06:56","guid":{"rendered":"https:\/\/aviationa2z.com\/?p=51635"},"modified":"2023-11-19T17:37:00","modified_gmt":"2023-11-19T12:07:00","slug":"ai-engineering-mro-eyes-international-airlines-deals","status":"publish","type":"post","link":"https:\/\/aviationa2z.com\/index.php\/2023\/11\/19\/ai-engineering-mro-eyes-international-airlines-deals\/","title":{"rendered":"AI Engineering MRO Eyes New Deals with International Airlines"},"content":{"rendered":"\n

MUMBAI-<\/strong> AI Engineering Services Ltd (AIESL)<\/a> is engaging in discussions with three to four international carriers for MRO services, aiming to enhance its presence in India’s rapidly growing civil aviation sector.<\/p>\n\n\n\n

As a prominent player in the maintenance, repair, and overhaul (MRO)<\/a> segment, AIESL is also negotiating with a major domestic carrier for a substantial, long-term contract.<\/p>\n\n\n\n

\"AI
Photo: Bhavya Velani\/Aviation A2Z<\/figcaption><\/figure>\n\n\n\n

AI Engineering Eyes MRO Deals<\/h2>\n\n\n\n

The government is actively exploring the divestment of AIESL, a company that has consistently generated an average annual revenue of approximately Rs 2,000 crore over the past three years.<\/p>\n\n\n\n

CEO Sharad Agarwal mentioned to PTI that the company has initiated aircraft checks for Kuwait Airways since September.<\/p>\n\n\n\n

“Currently, AIESL conducts maintenance for aircraft from diverse airlines, such as Air India<\/a> and SpiceJet<\/a>…we are in discussions with a prominent carrier for a long-term contractual arrangement. Additionally, ongoing conversations involve three to four international airlines for MRO services,” he stated.<\/p>\n\n\n\n

Currently, AIESL also provides services for some aircraft operated by IndiGo<\/a>.<\/p>\n\n\n\n

AIESL has obtained government approval to conduct specific checks for Boeing 737 MAX planes.”<\/p>\n\n\n\n

\"Air
Photo: Bhavya Velani\/Aviation A2Z<\/figcaption><\/figure>\n\n\n\n

Planning to Boost Revenue<\/h2>\n\n\n\n

“As outlined in its annual report for 2021-22, the company aims to boost revenue by extending its MRO services, leveraging existing capabilities to serve third parties through aggressive marketing, and acquiring new capabilities.<\/p>\n\n\n\n

The company performs various checks, including detailed structural inspections, corrosion prevention, and structural repairs for aircraft.<\/p>\n\n\n\n

AIESL currently employs around 5,300 individuals<\/strong>, and the workforce is expected to reach approximately 6,000 by the end of this fiscal year.<\/p>\n\n\n\n

Given India’s status as one of the world’s fastest-growing civil aviation markets, with domestic carriers having nearly 1,000 planes on order for future delivery, MRO services have significant opportunities.”<\/p>\n\n\n\n

Stay tuned with us. Further, follow us on social media for the latest updates.<\/p>\n\n\n\n

Join us on Telegram Group <\/a>for the Latest Aviation Updates. Subsequently, follow us on Google News<\/a>.<\/p>\n\n\n\n

\n
AIESL First MRO to Perform Heavy Maintenance on 737 MAX<\/a><\/blockquote>