GMR BECOMES THE FIRST MRO IN SOUTH ASIA TO RECEIVE FAA APPROVAL

GMR Aero Technic Ltd. (GATL), a 100 per cent subsidiary of GMR Hyderabad International Airport Ltd. (GHIAL) has received the prestigious & coveted Federal Aviation Administration (FAA) approval on popular Narrow Body Aircraft (B737 and A320), making it an authorized MRO services provider for all C checks for FAA registered B737/ A320 aircraft and for NDT (Non Destructive Testing) inspections. Currently, GATL holds the largest share of the market for outsourced airframe Base Maintenance MRO business in India. The addition of FAA certification opens up new opportunities for GATL to perform base maintenance and re-delivery checks for the Operators/ lessors looking for an FAA approved MRO. Given the increasing number of leased and aging aircraft in the fleet in India, the MRO industry is expecting a sizable uptick in redeliveries in the coming years as the older aircraft complete their lease terms with the Indian carriers.