SriLankan Airlines Engineering has secured its largest contract this year to conduct maintenance checks for an Indian airline.
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This is the fourth consecutive year IndiGo has outsourced to SriLankan and this year's contract is the largest overseas outsourcing of maintenance, repair and overhaul work by an Indian carrier.
According to Aviation International News India's air carriers outsource the maintenance checks to foreign companies due to the unfavorable tax position with the country that makes the Indian MRO providers uncompetitive.
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The company has an exceptional reputation for turning around overhauls fast, usually, in four or five days.
SriLankan Engineering, a provider of comprehensive aircraft maintenance services in the region, is planning to increase its operations, Paul Dempsey, its manager for business development and customer support has told AIN.
The company plans a 50-percent increase in heavy maintenance of narrow-body (A320) capacity and a dedicated capability for narrow-body livery painting.
The company is planning to refurbish a second hangar at the Bandaranaike International Airport in Katunayake and the facility would be ready by the third quarter of 2012.
Although the firm has gained expertise and experience but still needing further capital investment, the company "would prefer a nonstrategic partner or traditional investor," Dempsey has told AIN.
The company's customer base includes SriLankan Airlines, Emirates, Kuwait Airways, Singapore Airlines (freight) Air Arabia, Gulf Air, Oman Air, Qatar Airways, Lufthansa Cargo, and Kingfisher.
Related Info :
• SriLankan Engineering to Do Maintenance Checks on IndiGo Airbuses. Contract with India’s Largest Low Fare Carrier, It's Biggest
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