MAHINDRA AEROSPACE AND VIKING AIR FORM STRATEGIC ALLIANCE

Mahindra Aerospace has signed a Memorandum of Understanding (MoU) with Canada’s Viking Air to “leverage their unique and complementary resources” to form a strategic alliance to exploit the upcoming business opportunities in India’s regional aviation sector. The two companies will “support each other’s non-competing aircraft business to boost market penetration in identified territories.” The MoU was signed during the visit of Canadian Prime Minister Justin Trudeau to India.