...
...
Next Story

Airbus to tie up with HAL

Another aircraft manufacturing major Boeing has already signed a MoU with Maharashtra government.

Updated on: Oct 09, 2006 11:09 PM IST
None | By , Nagpur
Prefer HTon Google
Advertisement

US based aircraft manufacturing giant, Airbus, is likely to enter into a tie-up with Hindustan Aeronautics Limited (HAL), for setting up a $100 million maintenance, repair and overhaul (MRO) facility at Nashik in Maharashtra, Union Civil Aviation Minister Praful Patel said.

HT Image
HT Image

"They (Airbus) want to have a tie-up with HAL and the latter has two bases, one at Bangalore and in Nashik and we have requested Airbus to select Nasik, which will be convenient to both," Patel said in Nagpur on Monday.

Another aircraft manufacturing major Boeing has already signed a MoU with Maharashtra government and state-owned Maharashtra Airport Development Company (MADC) for setting up a MRO in the city.

Nashik would be an ideal location to decongest the Mumbai-Pune industrial belt, Patel said.

On the progress of multi-modal international passenger and cargo hub (MIHAN), Patel said it was now up to the Maharashtra government to speed up the activities for setting up a dedicated company where Airports Authority of India (AAI) will have 49 per cent share, while 51 per cent will be retained by MADC.

 
Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk Hunger Strike LIVE and more across India.
Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk Hunger Strike LIVE and more across India.
SHARE THIS ARTICLE ON
Hindustantimes wants to start sending you push notifications. Click allow to subscribe