National carrier Air India and GE Aviation will together invest USD 90 million to set up a maintenance, repair and overhaul (MRO) facility to cater to the latter's GEnx-1B engines.
GE Aviation has signed a 20-year engine maintenance agreement with Air India. The agreement covers the maintenance, repair and overhaul (MRO) of GE90 aircraft engines.
HAL is working closely with GE to develop the LCA's export potential.
The slot constraint in Indian airports is also going to play a role in pushing airlines to have wide bodies.
The collapse of Jet Airways has everything to do with the falling number of wide-bodied aircraft.
Unlikely to happen in less than a year,despite the advantage of the parent airline's base.