GMR Hyderabad International Airport Ltds Aerospace Park bags CFM International as its first tenant
11 February, 2009
GMR Hyderabad International Airport Ltd., (GHIAL), has announced the signing of a Memorandum of Agreement (MoA) with the world’s leading aircraft engine manufacturer, CFM International (CFM), for setting up a new CFM56 Maintenance Training Center to support all its customers in the South Asian region.
This Training Center will be located in the new Aerospace Park being developed in the aviation SEZ of 250 acres, which forms part of the Rajiv Gandhi International Airport premises. GHIAL will build the facility and lease it to CFM.
Mr. G.M.Rao, Group Chairman, GMR Group, commenting on the occasion said, “This very important agreement with CFM, which is the world’s leading aircraft engine manufacturer, will benefit India’s entire aviation industry. This will help India’s airline companies to considerably reduce costs, conserve time, valuable foreign exchange and create huge employment opportunities for Indian youth.”
"This is also a significant leap in our vision to develop the Rajiv Gandhi International Airport as a hub for Maintenance, Repair and Overhauling (MRO) facility in South Asia," Mr.Rao added.
P.S.Nair, CEO, GHIAL said, “This facility marks the beginning of our plans to create a comprehensive international aviation support cluster in Hyderabad. We have two SEZs of 250 acres each, and our plan is to bring here in India, all aviation and avionics related activities which are currently outsourced overseas.”
Mr. Paul-Andre Chevrin, CFM International’s Vice President for India said, “The new Training Center, will mirror CFM facilities currently operating in France, the United States, and China, and would initially provide advanced courses in line maintenance and inspection of CFM56-5B and CFM56-7B engines, which power the majority of Airbus A320 family aircraft and all Boeing 737s, respectively. Once the facility is fully operational, it will be capable of training up to 500 engineers each year.”
“In 2007, we made a commitment to our Indian airline customers to build a new maintenance training school in the country to help support the growing aviation industry,” said Mr.Eric Bachelet, President and CEO of CFM. “We are pleased to take this very important step in fulfilling that commitment, and are looking forward to developing a long and fruitful relationship with GMR,” he added.
The new Training Center, Hyderabad is ideally located for attracting airline mechanics and engineers from India and South Asia.
CFM International is a 50:50 joint company between Snecma (SAFRAN Group) and General Electric Company.
GMR Hyderabad International Airport Ltd.(GHIAL), is a joint venture company promoted by GMR Infrastructure Ltd., (63%); Malaysia Airports Holdings Berhad (11%), Airports Authority of India (13%) and Government of Andhra Pradesh (13%), with a mandate to develop a the world-class Rajiv Gandhi International Airport spread over 5,495 acres in Shamshabad, about 25 kms from the main city of Hyderabad. The Rajiv Gandhi International Airport will position Hyderabad as an important aviation hub in the coming years.