Air Works Eyes New Business Model
Dubai Air Show By Neelam Mathews - November 4, 2015, 8:30 AM With a focus on India and Dubai–the latter thanks to a strategic investment it made in Dubai’s Empire Aviation Group–Air Works India Engineering is looking at a new business model with a focus on line maintenance, an area that was until recently a domain handled by airlines. The move follows Airbus India signing comprehensive maintenance-support agreement with full-service startup airline Vistara, the first such agreement in the country. Air Works and Air India Engineering Services will honor the so-called Flight Hour Services Tailored Support Package (FHS-TSP) for Vistara, a joint venture between Singapore Airlines (SIA) and Tata Group. Vistara started operations in October last year, and with a current fleet of nine A320s, expects the fleet size to grow to 20 by 2017. The support package will enable Vistara to benefit from the expertise offered by Airbus in airframe maintenance, engineering, reliability and c...