Air Works gets certification from European agency

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New Delhi: One of the country’s leading third-party MRO (maintenance, repair and operations) companies, Air Works, has received repair station certification from the European Aviation Safety Agency (EASA) for its maintenance facilities at Hosur in Tamil Nadu. Air Works, which already services corporate jets and the entire Boeing-737 family of planes and counts SpiceJet, Jet Airways and Kingfisher among its clients, said the globally recognised certification will help the company substantially increase its capacity by enabling it to cater to aircraft not just from India, but from anywhere in the world.

The company, which is partly owned by Punj Lloyd, has revenues of around Rs 100 crore and is the only firm to provide MRO services in the country besides Air India. Following the certification, the company is hopeful of $70 million of business as it targets the 600-strong airplane market in South Asia to carry out their repair and overhaul.

“The EASA approval to Air Works, the first to any organisation in India, covers maintenance and airframe servicing of the turboprop ATR-42s and ATR-72s and Boeing 737s,” said Fredrik Groth, CEO, Air Works. Its Hosur facility has a 7,500-feet runway and a capacity to service around 36 airplanes in a year. The company has one operational hangar right now and one more (for wide-body aircraft) is expected to be operational by September 2010. “It is being built with an investment of $40 million and will treble the capacity in terms of aircraft servicing,” said Groth. Its third hangar is likely to come up in the first half of 2011.