{"id":57182,"date":"2024-02-21T19:40:33","date_gmt":"2024-02-21T14:10:33","guid":{"rendered":"https:\/\/aviationa2z.com\/?p=57182"},"modified":"2024-03-13T14:30:10","modified_gmt":"2024-03-13T09:00:10","slug":"air-india-sia-engineering-a320-component-support-deal","status":"publish","type":"post","link":"https:\/\/aviationa2z.com\/index.php\/2024\/02\/21\/air-india-sia-engineering-a320-component-support-deal\/","title":{"rendered":"Air India and SIA Engineering Signs New Deal for A320 Component Support"},"content":{"rendered":"\n

SINGAPORE-<\/strong> Today (Feb 21, 2024), Tata-owned Air India (AI)<\/a>, the prominent global airline of India, revealed the formalization of an Inventory Technical Management (\u201cITM\u201d) Programme in collaboration with SIA Engineering Company Limited (\u201cSIAEC\u201d). <\/p>\n\n\n\n

In this 12-year agreement, the existing fleet of Airbus A320 family aircraft<\/a> within the Air India Group will benefit from comprehensive component support offered by SIAEC.<\/p>\n\n\n\n

\"Air
Photo: avgeekwithlens\/ Harsh Tekriwal<\/figcaption><\/figure>\n\n\n\n

Air India SIA Engineering Deal<\/h2>\n\n\n\n

Alongside access to its inventory pool, SIAEC, along with its subsidiaries and joint venture companies with Original Equipment Manufacturers, will extend services encompassing the repair and overhaul of airframe and on-wing engine components.<\/p>\n\n\n\n

\"Air
Photo: Air India<\/figcaption><\/figure>\n\n\n\n

Campbell Wilson, Chief Executive Officer & Managing Director of Air India, expressed, \u201cWe are thrilled to welcome SIAEC as our partner. This collaboration will strengthen our capabilities in repairs and maintenance for the Airbus A320 family of aircraft, contributing to the enhanced reliability and availability of components crucial for smooth aircraft operations.\u201d<\/p>\n\n\n\n

Subsequently, Chin Yau Seng, Chief Executive Officer of SIAEC, commented, \u201cWe are honored to be chosen as Air India Group\u2019s preferred MRO partner for their component requirements and appreciate their confidence in our Inventory Technical Management program. Our established model will serve as the maintenance pillar supporting Air India Group\u2019s growth and expansion plans. With our network of joint venture companies and component shops across the Asia Pacific region, we are confident in delivering high-quality and reliable services to Air India Group.\u201d<\/p>\n\n\n\n

Further, it’s worth noting that Air India currently operates an existing fleet of A320 family aircraft and has placed orders for an additional 210 A320 family aircraft as part of the historic order of 470 aircraft placed in 2023.<\/p>\n\n\n\n

\"Airbus
Photo: avgeekwithlens\/ Harsh Tekriwal<\/figcaption><\/figure>\n\n\n\n

New MRO in Bengaluru<\/h2>\n\n\n\n

Air India has proposed the establishment of a maintenance, repair, and overhaul (MRO)<\/a> facility in Karnataka, with a planned investment of Rs 1,300 crore. The aim is to designate Bengaluru as its MRO hub in southern India, potentially resulting in the addition of 1,200 jobs.<\/p>\n\n\n\n

According to a study conducted by the National Council of Applied Economic Research (NCAER), the establishment of this center is anticipated to contribute to an increase of eight million annual passengers.<\/p>\n\n\n\n

This growth is expected to create opportunities for both direct and indirect employment, benefiting approximately 26,000 individuals.<\/p>\n\n\n\n

The surge in employment is attributed to heightened business activity, the necessity for support staff, and an upswing in tourism.<\/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

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Singapore Airlines SIA Engineering to Maintain Scoot’s New E190-E2 Fleet<\/a><\/blockquote>