IIPM Admission 2010

Monday, August 21, 2006

GoAir brings Singapore home

IIPM BUSINESS & ECONOMY
GoAir, the low-cost airline of the Wadia group has made a pact with a SIA Engineering Company, a Singapore Airlines group for maintenance, repair and overhaul services in India. While SIA ngineering Company would hold 51% stake, the Wadias would have the remaining. The Greenfield facility would be managed by the Singapore group. The newly formed company will be engaged in line maintenance services in eight major airports. They are also planning to start a Centre of Excellence that would be into airframe maintenance of Airbus-320s and Boeing-737s. A new aerospace engineering training institute is also on the anvil.

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Source :- IIPM Editorial, 2006, Editor - Prof. Arindam Chaudhuri

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