Indian carriers allocate approximately 12-15 per cent of their total revenues to MRO services, positioning it as the second-largest expenditure following fuel costs, which account for approximately 45 per cent of their overall revenue.
Approximately 90 per cent of IndiGo's aircraft MRO expenditures are outsourced to foreign companies, leaving only 10 per cent of the business for Indian companies, the airline's engineering head, SC Gupta, had said.
IndiGo had last year told the Ministry of Civil Aviation that Indian MROs should develop additional capabilities, such as nacelle maintenance, engine maintenance, and component support, in line with prominent international MROs.
The story "Budget 2024: Govt gives some relief to boost MRO services in India" has 452 words across 16 sentences, which will take approximately 2 - 4 minutes for the average person to read.
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