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AFI KLM E&M and Max Aerospace partner to set up component MRO in India
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Written by Vijay   
Tuesday, 23 November 2010

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Mumbai: Air France Industries and KLM Engineering & Maintenance, the Franco-Dutch multi-product MRO (Maintenance, Repair, Overhaul) service provider, has signed a strategic partnership agreement with Mumbai based Max Aerospace & Aviation Ltd to offer a significant component repair capability "on the doorstep" of its Indian sub-continent customers.

AFI KLM E&M has agreed to acquire a 26-per cent stake in Max Aerospace & Aviation Ltd. Max AeroSpace is currently in the process of evaluating locations, mostly in SEZs (Special Economic Zones), to set up the aircraft component MRO.

The construction of the facility is expected to begin in the first quarter of 2011 and would be completed by the first half of 2013.

The exchanges of skills within the network will allow Max MRO Services to offer services suited to local requirements at a level of performance that is acknowledged worldwide.

"This partnership with AFI KLM E&M will help us to achieve our component support ambitions, and to have the resources to stay abreast of the vigorous growth on our market. The Group's skills and performance are acknowledged worldwide. Becoming an active member of this network is for us a development opportunity not to be missed," said Bharat Malkani, Chairman and Managing director of Max Aerospace.

"This new partnership illustrates the growing importance of our global MRO network, built to operate as closely as possible to our existing and prospective customers. We will have the support of local entities that will be called on to deploy locally the sort of performance which we are permanently developing in our network in France and the Netherlands. In India, Max MRO Services' exacting vision, together with its strong local presence, prompted us to forge this partnership, which is earmarked for further development," said Franck Terner, President of Air France Industries.

Max Aerospace & Aviation Ltd has a 30,000 sq feet hangar and maintenance facility at the Juhu Aerodrome in Mumbai. The company provides engineering support to many large commercial airlines operating in India and the Middle East. Max supports over 150 aircraft operated by all domestic carriers in India.

"By combining the resources of AFI KLM E&M and our own strong local presence ; we are already a major player on India's MRO market ; we will create a new market leader!," Malkani added.

AFI KLM E&M is developing its strategy of creating a local/global MRO network based on its French and Dutch centers of excellence. With its plans for an Indian facility jointly developed with Max Aerospace in India, AFI KLM E&M has positioned itself in the very heart of an emerging market that is already sizable and promising.

 
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