India as an MRO destination myth or reality

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India as an MRO destination myth or reality

  1. 1. India as an MRO Destination: Myth or RealityDate :September 21, 2011Presenter : Vivek Vij Vivek Vij [ vij.vivek@gmail.com ]
  2. 2. Contents Executive Summary Maintenance, Repair and Overhaul Market MRO Market Segmentation Type of MRO Check Global Airline Industry Airline Industry MRO Market Indian Airline Industry Commercial Aircraft Size – 2011 MRO Market Size Growth Drivers Hindrances to Growth Tax & Regulatory Environment • Taxes deterrent to growth of Indian MRO Present MRO service provider in India Third-party MRO companies Emerging MRO service provider Airline in India Contract details with foreign MRO Companies 2
  3. 3. Executive SummaryIndia’s civil aviation sector is one of the most dynamic in the world, with an Administration (FAA), which result into not being able to serviceestimated 15 percent annual passenger traffic growth rate triggering fleet leased aircraft of domestic and international airlines.expansion among the country’s airlines, as well as the expansion andmodernization of airport infrastructure. With a significant and sudden rise in Major players such as Air India, Indian Airlines, Jet Airways etc have establishedthe total fleet size in India, the demand for MRO services has also increased their own MRO teams and have adequate maintenance capability. However,rapidly, unfortunately aircraft maintenance has not received adequate focus several other players such as Indigo, GoAir, Kingfisher Airline do not haveand coverage. adequate manpower and skills for MRO and therefore source their maintenance requirements from abroad, so India faces stiff competition fromThe rapid growth of the industry has attracted major global aerospace neighboring MRO hubs like Dubai, Singapore, Malaysia and China .companies for establishing their MRO facility. Great geographic location,technically oriented, educated talent pool and competitive labour cost To support and catalyze growth in the Indian airline industry and make India asare some of the advantageous factor for India as a MRO destination. a MRO destination a reality, the government should focus on providing benefitsThe major challenge for India being a cost effective MRO hub is high taxes, similar to those that have been extended to other service sectors (IT & ITeS).regulatory issues, shortage of space at major airports , long term contracts of Government’s support is required in several areas such as clarity in policy asairlines with foreign MRO service providers. Indian MRO companies lack well as easing and rationalizing tax and providing incentive to companies whichglobally recognized certification, such as those issued by the will help in developing and promoting the aerospace sector . Without thisEuropean Aviation Safety Agency (EASA) or the Federal Aviation support the Indian MRO industry is likely to be a myth rather than reality. Vivek Vij [ vij.vivek@gmail.com ] 3
  4. 4. Maintenance, Repair and Overhaul (MRO)• Market Segmentation• Type of Check Vivek Vij [ vij.vivek@gmail.com ]
  5. 5. MRO Market Segmentation Airframe Heavy Maintenance A detail inspection of the airframe and component - including any applicable corrosion prevention program and comprehensive structural inspection and overhaul of the aircraft Engine Overhaul Off-wing repair and replacement of parts to restore the engine to designed operational condition to guidelines established by the engine manufacturer. Typically the engine is disassembled, inspected, parts are repaired or replaced as necessary, re-assembled and tested Component MRO Maintenance including repair and overhaul of the aircraft component, which provide the basic functionality for aircraft control and navigation, communication, control surface movement, cabin air conditioning electric power and braking Line maintenance Light, regular maintenance check up carried out to ensure the aircraft is fit for flight – including trouble shooting, defect rectification, overnight maintenance and component replacementSource : Secondary Search Vivek Vij [ vij.vivek@gmail.com ] 5
  6. 6. Type of MRO check A Check - Done after 125 flight hours (2-3 weeks) An amplified preflight visual inspection of planes power plants, avionics and accessories B-Check - Done approximately after 175 flight hours (3 to 4 months) An open inspection for preventive maintenance (exterior wash, engine oil) Oils filters are removed and checked, parts are lubricated and carefully examined C-Check - Carried out approximately for every 3000 flight hours (15 months) Incorporates both A and B checks Components are repaired, major internal mechanism are tested, flights controls are calibrated Other tests include minor structural inspections, compressor, flight control rigging tests, engine, compressor washes and post-check flight tests D-Check - The most intensive, approximately 20, 000 flights hours (6-8 years) Cabin interiors (including seats, galleys, lavatories, cockpit, furnishings, headliners and sidewalls) are removed to enable careful structural inspections Flights controls are examined and the fuel system is probed for leaks and cracks The aircraft is stripped to its shell and rebuilt to return it to its original configuration.Source : Secondary Search Vivek Vij [ vij.vivek@gmail.com ] 6
  7. 7. Global Airline Industry• Airline Industry• MRO Market Vivek Vij [ vij.vivek@gmail.com ]
  8. 8. Global Airline Industry  Global airline Industry was hit badly by the economic Airline Industry Net Profits (Billions US$) 18 20 14.7 downturn in 2009 (lost $9.9 billion) and the oil price hike in 10 4 2008 (lost $16 billion) 0  The year 2011 expected to be tough and profits to soften to -10 the level of $ 4 billion – IATA -9.9 -20 -16 2007 2008 2009 2010 2011Global Fleet projection 2010 - 2030 2010 2030 Key Growth Indicators 2010 - 2030 12,960 World economy (GDP) 3.30% 8,740 6,885 Airplane fleet 3.60% 5,445 6,225 3,240 No. of passenger 2,935 2,175 4.20% 1,325 1,325 835 Airline traffic (RPK) 655 5.10% Europe North Cargo traffic (RTK) 5.60% Asia pacific Latin Middle America Africa America East Vivek Vij [ vij.vivek@gmail.com ] Source : IATA 8
  9. 9. Global Airline Industry: MRO Market Europe CIS $12.8 billion $2.4 billion North America $17.2 billion Asia-Pacific $13.3 billion Middle East South Africa $2.9 billion America $1.8 billion $2.6 billion $ 53 Global MRO Market 10.7 21.8 11 9.5 Billion Airframe Heavy Maintenance Engine Overhaul Component MRO Line maintenanceSource : Secondary Search Vivek Vij [ vij.vivek@gmail.com ] 9
  10. 10. Indian Airline Industry Commercial Aircraft Size – 2011 MRO Market Size Growth Drivers Hindrances to Growth Tax & Regulatory Environment  Taxes Deterrent to Growth of Indian MRO Present MRO service provider in India  Third-party MRO companies  Emerging MRO service providers Vivek Vij [ vij.vivek@gmail.com ]
  11. 11. Indian Airline Industry • India is one of the fastest growing economies of the world with an average GDP growth of over 8.9 percent in last five years • With ever-increasing passenger traffic and fleet expansion, Indian Airline Industry Net Profits (Billions US$) particularly by the low-cost airlines, in the Indian aviation sector 1 have opened whole new world of opportunities for international aircraft companies in the MRO segment 0.5 0.6 • Airlines in India — carry 2% of the worlds passengers 0 -0.4 Passenger Carried (Millions) -0.5 -1.29 -1.5 -1.5 -1 51.03 42.3 -1.5 34.39 2007 2008 2009 2010 2011 2008 2009 2010Source : Secondary Search Vivek Vij [ vij.vivek@gmail.com ] 11
  12. 12. Commercial Aircraft Size – 2011 Fleet Fleet Airlines in India Airline Manufacturer Inactive Service On Order In Service On Order Air India + Air India Express 132 30 Airbus 182 167 Go Air 10 10 ATR 48 23 Indigo 37 58 Boeing 148 106 Bombardier 0 15 Jet Airways +Jetlite 112 47 Eurocopter 6 0 Kingfisher Airlines 67 117 Grand Total 384 311 Spice Jet 26 49 Total 384 311 In Active Service Aircraft detail 23% of aircraft are A320-230 In Active Service 20% of aircraft are 737-800 Winglets 46% of aircraft have CFM International CFM56Engine Detail On Order 26% of aircraft have International Aero Engines V2500 40% of aircraft are A320-230 On Order 13% of aircraft are 737-800 Winglets 40% of aircraft have International Aero Engines V2500 24% of aircraft have CFM International CFM56 Vivek Vij [ vij.vivek@gmail.com ] Source : Secondary Search 12
  13. 13. Indian Airline Industry: MRO Market Size  The MRO spend by airlines in India now is $700 million and is likely to grow to $1.5 billion in 2020 Airframe Heavy Maintenance ,  Major components of MRO services in India include engine Line 13% maintenance , overhaul and components. Together, these account for around 27% 60% of MRO services business in terms of value.  Airframe inspections are labour intensive (70 per cent labour $700m and 30 per cent materials) and constitute about 13 per cent of Engine MRO services business in terms of value. Overhaul, 37% Component  In India 80% of Airframe Maintenance is done in-house by MRO, 23% Airlines themselvesSource : Secondary Search Vivek Vij [ vij.vivek@gmail.com ] 13
  14. 14. MRO India: Growth Drivers • Ever-increasing passenger traffic and fleet expansion, particularly the arrival of low-cost airlines, in the Indian aviation sector have opened up opportunities for international aircraft companies in the MRO segment • liberal Civil Aviation & Special Economic Zones (SEZ) policies - 100 per cent FDI in MRO sector • Manpower cost competitiveness - labour costs in India are around $30-35 per man-hour, compared to $55-60 in South-East Asia and the Middle East and even higher in the US and Europe • India offers the proximity advantage for countries like Singapore, Malaysia and the UAE • Rich pool of highly-qualified engineers who can easily be trained • IT competitivenessSource : Secondary Search Vivek Vij [ vij.vivek@gmail.com ] 14
  15. 15. MRO India: Hindrances to Growth • Major hindrances in India evolving as an MRO destination is the lack of MRO companies having a globally recognized certification, such as those issued by the European Aviation Safety Agency (EASA) or the Federal Aviation Administration (FAA), to be able to service leased aircraft of domestic and international airlines • Certification - by the Directorate General of Civil Aviation (DGCA), is not comparable with mandatory European standards • Lack of encouragement from government agencies and the absence of an industry regulator • Private airlines entered into long-term service agreements with foreign MRO players. • Low investment capability of Indian Companies • Complex and multi-tiered tax structure wherein a domestic company importing spare parts end up paying close to 30-40 per cent extra as import duty while foreign airlines are exempt from this • Lack of infrastructure - Hangars space, parking, land availabilitySource : Secondary Search Vivek Vij [ vij.vivek@gmail.com ] 15
  16. 16. MRO India: Tax & Regulatory Environment • Customs duty is exempt on parts imported for maintenance, repair and overhaul of aircraft subject to specified conditions. In case these conditions are not satisfied, the customs duty would be up to 27 percent on the parts imported. • Services in the nature of maintenance, repair and overhaul (MRO) are covered under the taxable category of ‘management, maintenance or repair services’ under service tax legislation. In addition, in terms of the Export of Service Rules, 2005, as amended to date, there are specified parameters (in addition to the location of performance of the activity) which need to be fulfilled for such services to qualify as export of services and hence be not charged to service tax. • High rates of indirect taxes which disincentivize MRO activities • Imported spares are charged to customs duties up to 24 percent plus Value Added Tax of 4 percent or 12.5 percent on intra State sale there of and Entry Tax / Octroi in specified States / Municipalities. • Servicing an aircraft in India entails a service tax of 12.36 percent. This burden is reduced to the extent of service tax credit admissible to MRO customers. Participants in India’s MRO industry believe that the tax regime needs to change in order to enable India to positioning itself as an MRO hub to the world.Source : Secondary Search Vivek Vij [ vij.vivek@gmail.com ] 16
  17. 17. India MRO: Taxes deterrent to growth of Indian MRO Particulars Indian MRO Foreign MRO Labour 100.00 100.00 Spares 100.00 100.00 Sub Total 200.00 200.00 Avg. Customs duty @ 24% (On Spares & Materials) 24.00 Octroi @ 5.5% (if applicable) 7.15 - VAT @12.5% (On Aircraft Spares) 18.40 Service tax @ 10.30% (On Labour) 10.30 - Airport Royalties @13% on GTO 26.00 Grand Total 285.85 200.00 • Disparity in tax incidence on the Indian MRO’s v/s. foreign MRO’s on the identical / similar nature of transaction. • 43% overall Cost Benefit to Foreign MROs.Source : Secondary Search Vivek Vij [ vij.vivek@gmail.com ] 17
  18. 18. Present MRO service provider in India MRO Name Location Type of MRO Service Clients Maintenance schedules and phase Indamer Mumbai Line maintenance NA inspections Mumbai (Additional small Engine, Line It provides services like Maintenance of facilities at Delhi, Jaipur, maintenance, Heavy Airframe, line maintenance, component Air India Express, Air Works Ahmedabad, Chennai, Pune, maintenance and maintenance and level of engine Reliance, Birla, Essar. Hubli, Coimbatur and Defence MRO maintenance. Hyderabad) Jet, Sahara, Deccan, Max Aerospace Blue dart, Paramount, Mumbai (Juhu Airport) Avionics, electrical and airframe services & Aviation ltd King fisher, Spice jet, Pavan Hans Presently line and Avionics, electrical and airframe HAMCO component services, simulation and manufacturing (Hyderabad maintenance. services. Aircraft Hyderabad Also planning for Developing Aero Zone in Hyderabad Not Known Maintenance develop one stop MRO which would provide one stop MRO Company) providing each and services. This area would be spread every MRO facility. across 250 acres. Line and engine Overhaul and repair services relating to Indian Air force, Pavan HAL Bangalore maintenance engine segment. Hans etc.Source : Secondary Search Vivek Vij [ vij.vivek@gmail.com ] 18
  19. 19. Third-party MRO companies (1/2) Component Airframe Engine Avionics Aircraft Passenger- / systems Repair Helicopter Company City maintenanc maintenanc maintenanc interiors to-Freighter maintenanc services MRO e e e MRO conversion e Air India Maintenance Ltd Mumbai Y Y Y Air Works India Hosur Y Y Y Y Y Y Engineering Pvt Ltd Blue Dart Aviation Ltd Chennai Y Eaton Aerospace Pune Y Y Y HAMCO - Hyderabad Hyderabad Y Aircraft Maintenance CoSource : Secondary Search Vivek Vij [ vij.vivek@gmail.com ] 19
  20. 20. Third-party MRO companies (2/2) Component Airframe Engine Avionics Aircraft Passenger- / systems Repair Helicopter Company City maintenanc maintenanc maintenanc interiors to-Freighter maintenanc services MRO e e e MRO conversion e Hindustan Aeronautics Bangalore Y Kazi Aviation & Travel Chennai Y Services Max AeroSpace & Mumbai Y Y Y Y Aviation Ltd NACIL - Air India Mumbai Y Taneja Aerospace & Belagondap Y Y Y Aviation - TAAL alliSource : Secondary Search Vivek Vij [ vij.vivek@gmail.com ] 20
  21. 21. Emerging MRO service providers (1/2) MRO Name Location Types of MRO Status Maintenance and Jet Airways has signed a land-leasing and framework agreement with Bangalore Jet Airways Bangalore engineering International Airport Limited (BIAL) to set up MRO at BIAL. facility Malaysia Airlines and Signed agreement to set up MRO at Rajiv Gandhi international Airport in 2008. For GMR Hyderabad Airframe MRO Hyderabad Airbus A320 family and Boeing 737 aircraft - including 737 Classic and 737 NG (Next International Airport unit Generation) investment of RS 400 Cr. Ltd Boeing plans to establish a facility spreading across 100 acres of land at Mihan SEZ Maintenance in Nagpur. The facility will have two hangars (each measuring 100x100 meters), Boeing and Air India Nagpur work capable of accommodating aircrafts like the Boeing-777, 747-800, will have a capacity to service nearly five aircraft every month. Investment of $100 Million. Thales International, the aerospace, defence and security major, has tentatively Thales International Gurgaon planned to build an avionics maintenance centre in Gurgaon, Haryana. TAAL entered into a MRO facility agreement with Air Works Commercial MRO Taneja Aerospace & Hosur MRO and Services Pvt Ltd in 2008, wherein the company would be licensing 7 acres of land Aviation Ltd (TAAL) (Tamilnadu) aviation park and up to 5 hanger space on a long term basis which is a step towards the with Air Works companys strategy to develop its private air field as a MRO and Aviation parkSource : Secondary Search Vivek Vij [ vij.vivek@gmail.com ] 21
  22. 22. Emerging MRO service providers (2/2) MRO Name Location Types of MRO Status Manufacturing Sabena Technics of TAT Hosur of components Sabena technics has signed agreement with TAAL to develop an MRO at TAALs Group, France with (Tamilnadu) and airfield in Hosur. TAAL maintenance Indian Airlines and aerospace company Hindustan Aeronautics (HAL) will team up Airbus with Indian Nashik and MRO with European aircraft manufacturer, Airbus Industries, to set up a maintenance, Airlines + HAL Mumbai. repair and overhaul (MRO) venture at an estimated cost of over Rs 500 crore. Hindustan Aeronautics (HAL) entered into a joint venture agreement with global HAL and Pratt and Engine aerospace major Pratt and Whitney Canada (P&WC) for an aircraft maintenance, Whitney Canada Bangalore maintenance repair and overhaul (MRO) centre in Bangalore. The MRO would have yearly (P&WC) capacity of 150 aircraft. Indian Airlines has signed an agreement with Airbus and Bangalore-based Jupiter Jupiter Aviation and Aerospace to form a MRO joint venture. The joint venture is for MRO and life cycle Logistics Pvt. Ltd support of commercial aircraft.Source : Secondary Search Vivek Vij [ vij.vivek@gmail.com ] 22
  23. 23. Airline in India• Air India + Air India Express• Indigo• Jet Airways + Jetlite• Spice Jet• Kingfisher• Go Air Vivek Vij [ vij.vivek@gmail.com ]
  24. 24. Air India + Air India Express Air India - Indias flag-carrier operating a network of passenger and cargo services worldwide, together with an extensive domestic network. Passenger Carried (Million) Air India Express - Low-cost Air India subsidiary 5.69 6.21 5.41 5.19 operating flights to international destinations, 4.99 5.03 primarily in the Middle East. Air India Air India Express Type of Airline Full Service Low Cost Parent Company Air India Limited 2005 2006 2007 2008 2009 2010 Subsidiaries Air India Express IATA Code AI IX Headquarters Mumbai, Maharashtra, Indian Destinations 75 31Source : Secondary Search Vivek Vij [ vij.vivek@gmail.com ] 24
  25. 25. Air India + Air India Express MRO Detail (Engine) Row Labels In Service On Order Contract DetailCFM International CFM56 69 0Airbus A319-110 24 0 23 Feb, 2011 - SR Technics Partners with Air India for 2 yearsAirbus A320-210 4 0 20 April, 2010 - Chromalloy partners with Air India for two-year for repair of certainAirbus A321-210 20 0 parts and components on the airline’s CF6, PW4000, CFM56-7B engines and APUs.Boeing 737 (NG)-800 Winglets 21 0General Electric CF6 4 0Airbus A310-300 4 0General Electric GE90 20 3Boeing 777-200LR 8 0 03 Feb, 2011 - GE Aviation partners with Air India for 20-yearBoeing 777-300ER 12 3General Electric GEnx 0 27 April, 2011 - GE Aviation and Air India have signed a GE Branded ServicesBoeing 787-8 0 27 Agreement (GBSA) under which GE Aviation will provide technical support as Air India offers MRO services for the GEnx-1B engineInternational Aero Engines V2500 32 0Airbus A320-230 32 0 Internal ( Air India )Pratt & Whitney PW4000 7 0Airbus A330-220 2 0 SR Technics Partners with Air India for Engine Maintenance and Component supportBoeing 747-400 5 0Grand Total 132 30 Vivek Vij [ vij.vivek@gmail.com ] 25
  26. 26. Indigo Airline Privately owned budget airline operating domestic passenger services to domestic destinations. Passenger Carried (Million) 8.5 6.1 4.75 Type of Airline Low Cost 3.25 Parent Company InterGlobe Enterprises 0.42 0.42 Subsidiaries IATA Code 6E 2005 2006 2007 2008 2009 2010 Headquarters Gurgaon, Haryana, India Destinations 26 (in India) 3 (International)Source : Secondary Search Vivek Vij [ vij.vivek@gmail.com ] 26
  27. 27. Indigo Airline MRO Detail (Engine) Row Labels In Service On Order Contract DetailInternational Aero Engines 37 58V2500 30 Mar, 2011 - SriLankan Airlines aircraft maintenance arm SriLankan EngineeringAirbus A320-230 37 58 secured contract to carry out maintenance (C-checks) on 20 aircraft in 2011.Grand Total 37 58 IndiGo Airline has signed a Memorandum of Understanding for 180 eco-efficient Airbus A320 aircraft of which 150 will be A320neo and selected Pratt & Whitney PurePower PW1100G engines to power its fleet of 150 new Airbus A320neo aircraft.Source : Secondary Search Vivek Vij [ vij.vivek@gmail.com ] 27
  28. 28. Jet Airways + JetliteJet Airways - India’s largest airline by passengers carried. It aprivately owned carrier that operates scheduled services todestinations across India and to North America, Europe, Passenger Carried (Million)Africa, Asia, Europe, the Gulf and North America. 19.00Jetlite - Jet Airways subsidiary operating all-economy class 13.91 14.78 14.48 15.65flights to Indias metropolitan centre from hubs at Chennai, 12.10Delhi, Kolkata and Mumbai. Helicopter charter services andaerial work are available. Jet Airways JetliteType of Airline Full Service Full Service 2005 2006 2007 2008 2009 2010Parent Company Tailwinds LimitedSubsidiaries JetLiteIATA Code 9W S2Headquarters Mumbai, Maharashtra, IndiaDestinations 75 30 Vivek Vij [ vij.vivek@gmail.com ] Source : Secondary Search 28
  29. 29. Jet Airways + Jetlite MRO Detail (Engine) Row Labels In Service On Order Contract DetailCFM International CFM56 73 30Boeing 737 (NG)-700 / 700 Winglets 16/4 0/0 31 Mar, 2010 - Jet Airways and JetLite partners with ST Aerospace forBoeing 737 (NG)-800 / 800 Winglets 14/ 37 0/30 maintenance of CFM56 engines ( 67 Boeing 737) for 10 years.Boeing 737 (NG)-900 2 0General Electric CF6 10 5Airbus A330-200 10 5General Electric GE90 3 2Boeing 777-300ER 3 2Pratt & Whitney Canada PW100 20 0ATR ATR 72-500 20 0Rolls-Royce Trent 2 0Airbus A330-240 2 0Turbomeca Arriel 1 0Eurocopter AS365-SA365N2 1 0Turbomeca Arrius 3 0Eurocopter AS355-N 3 0Unannounced 0 10Boeing 787-8 0 10Grand Total 112 47 Vivek Vij [ vij.vivek@gmail.com ] 29
  30. 30. Spice JetSpice Jet - Low-fare, no-frills, airline operating scheduleddomestic passenger services linking nearly 20 domestic Passenger Carried (Million)destinations from New Delhi and 6 regional hubs. 6.77International services link Delhi with Kathmandu and 5.45 4.47Chennai with Colombo. 3.4 2.1 0.67Type of Airline Low CostParent Company Sun Group 2005 2006 2007 2008 2009 2010SubsidiariesIATA Code SGHeadquarters Gurgaon, Haryana, IndiaDestinations 22 Vivek Vij [ vij.vivek@gmail.com ] Source : Secondary Search 30
  31. 31. Spice Jet MRO Detail (Engine) Row Labels In Service On Order Contract DetailCFM International CFM56 26 34Boeing 737 (NG)-800 1 0 19 Jan,2010 - MAS Aerospace Engineering partners with SpiceJet (3-year ) forBoeing 737 (NG)-800 Winglets 20 30 “C” and Heavy check for 19 aircraftBoeing 737 (NG)-900ER 5 4Pratt & Whitney Canada PW100 0 15Bombardier (de Havilland) Dash 8- 0 15400 NextGenGrand Total 26 49 Bombardier Aerospace has announced that SpiceJet has signed a 10-year agreement under the SmartParts programme that will provide a wide spectrum of cost-per-flight-hour maintenance for the airline’s fleet of Q400 NextGen aircraft. The Indian low-cost carrier has just taken delivery of the first two of 15 aircraft. Vivek Vij [ vij.vivek@gmail.com ] Source : Secondary Search 31
  32. 32. Kingfisher AirlineKingfisher Airline - Operates an extensive domesticnetwork , targeting the business traveller in particular. Passenger Carried (Million)Plans to develop regional and long-haul international 12.58 11.79 10.96services were put on hold in November 2008 due to 8.68 7.54poor market conditions 6.46 Type of Airline Full Service Parent Company United Breweries Group 2005 2006 2007 2008 2009 2010 Subsidiaries Kingfisher Xpress IATA Code IT Headquarters Mumbai, Maharashtra Destinations 71 Vivek Vij [ vij.vivek@gmail.com ] Source : Secondary Search 32
  33. 33. Kingfisher Airline MRO Detail (Engine) Row Labels In Service On OrderHoneywell (Garrett) TFE731 1 0BAE SYSTEMS (HS) 125/ Hawker-700 1 0International Aero Engines V2500 32 67Airbus A319-130 2 0 12 Jan, 2011 - Kingfisher Airline, partners with Lufthansa Technik for 10 years to provideAirbus A319-CJ 1 0 Total Engine Support (TES), Total Component Support (TCS), and Airframe RelatedAirbus A320-230 21 67 Component (ARC) Services for Airbus A320 fleet.Airbus A321-230 8 0Pratt & Whitney Canada PW100 27 23ATR ATR 42-500 2 0 18 July, 2006 - Pratt & Whitney Canada Corp. (P&WC), a United Technologies Corp, partnersATR ATR 72-500 25 0 with Kingfisher Airlines (5 years) to maintain engines of 35 ATR 72-500 turboprop aircraftATR ATR 72-600 0 23Pratt & Whitney PW4000 5 15Airbus A330-220 5 15Rolls-Royce Trent 0 7Airbus A340-540 0 2Airbus A350-800XWB 0 5Turbomeca Arriel 2 0Eurocopter EC155-B1 2 0Engines Unannounced 0 5Airbus A380-800 0 5Grand Total 67 117 Vivek Vij [ vij.vivek@gmail.com ] Source : Secondary Search 33
  34. 34. Go AirGo Air - Privately owned budget airline operatingdomestic passenger services to domestic destinations. Passenger Carried (Million) 3.09 2.06 1.79 1.36 0.91 0.91Type of Airline Low CostParent Company Wadia Group 2005 2006 2007 2008 2009 2010SubsidiariesIATA Code G8Headquarters Mumbai, IndiaDestinations 11 Vivek Vij [ vij.vivek@gmail.com ] Source : Secondary Search 34
  35. 35. Go Air MRO Detail (Engine) In On Row Labels Contract DEtail Service OrderCFM International CFM56 10 10 8 July, 2009: Abraaj Capital subsidiary Jordan Aircraft Maintenance Ltd. Partners with GoAirAirbus A320-210 10 10 for heavy C-checks on Airbus A320s.Grand Total 10 10 23Jun11: GoAir signed a order for 72 Airbus A320neos Vivek Vij [ vij.vivek@gmail.com ] Source : Secondary Search 35
  36. 36. Transcending boundaries… Thank You …Contact DetailsVivek VijE-mail : vij.vivek@gmail.com Vivek Vij [ vij.vivek@gmail.com ] 36

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