Airline MROs Feel Squeeze but Still See Opportunity In India
AIN Air Transport Perspective » May 28, 2012 by Neelam Mathews Air France KLM’s Engineering & Maintenance division sees continued growth in India’s troubled airline industry. May 28, 2012, 10:25 AM The decline of India’s Kingfisher Airlines, whose fleet has shrunk to 16 aircraft from 66, hasn’t only served to push air fares upward due to declining capacity in a high-demand market. At the same time it has reduced business for suppliers and airline service providers, such as maintenance, repair and overhaul ( MRO ) groups. For example, Air France Industries KLM Engineering & Maintenance ( AFI / KLM E&M) fell victim to default on payments by Kingfisher , under the terms of a component support agreement covering its long-haul operations. “We had to pull out [of the agreement] as a result of non-payment of dues. This was done in good order with ...