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InterGlobe Aviation, BIAL enter into agreement to build MRO facility at BLR airport

01 Feb 2019 Evaluate

InterGlobe Aviation (IndiGo) and Bangalore International Airport (BIAL) have entered into an agreement to build a maintenance, repair and overhaul (MRO) facility at Bengaluru (BLR) airport. The agreement is for 20-year to sub-lease land at the BLR airport to build this MRO facility. This facility will become operational by 2020.

The 13,000-sq metre hangar, to be built on five acres in the BLR (Bengaluru) airport campus, would be able to accommodate two narrow body aircraft and will have support infrastructure, including an engine quick engine change (QEC) shop warehouse and engineering offices for all repair and maintenance.

InterGlobe Aviation provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline.

Peers
Company Name CMP
Interglobe Aviation 5030.00
SpiceJet 10.18
TAAL Tech 1091.30
Taneja Aerospace 352.45
Global Vectra Helico 138.95
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