Explorer

Boeing Partners GMR Aero Technic To Set Up Freighter Conversion Line In Hyderabad

The line will support the conversion of aircraft both for India’s domestic market as well as the international market, Boeing said

Aircraft manufacturer Boeing on Friday announced that it has entered into an agreement with India’s GMR Aero Technic for setting up a new Boeing converted freighter line in Hyderabad.

Boeing India in a Tweet informed about the development. The company tweeted, “India’s first Boeing Converted Freighter (BCF) line is on the way! We are proud to be working with GMR Aero Technic to establish the new BCF line as we continue supporting India’s aspiration to become an aviation & aerospace hub for the region.”

The line will support the conversion of aircraft both for India’s domestic market as well as the international market, Boeing said in a press release, reported news agency ANI. 

According to a release from Boeing, the collaboration adds to its continued investments to support cargo growth and help expand complex aircraft modification capabilities and Maintenance, Repair, and Overhaul (MRO) in India supporting India's aspiration to become an aviation and aerospace hub. It said that with over eight decades of presence in India, Boeing has built a strong network of support for its customers through various initiatives and partnerships while contributing to the growth and development of the Indian aerospace and defense sector.

“A big milestone! And India’s expected cargo growth makes this an opportune time as well. Our cooperation with GMR Aero Technic to set up India’s first Boeing Converted Freighter line is a testimony to India’s growing MRO capabilities and support to #AatmanirbharBharat.” Salil Gupte, president of Boeing India tweeted. 

The investment comes despite a global economic slump that has crippled the global air cargo sector. It furthers the US manufacturer's growth into India and comes on top of a record-breaking plane order by flag carrier Air India.

The proposed facility comes amid a push by Boeing to grow in India, which includes a $24 million investment to establish an aviation part logistics hub, reported Reuters. 

Top Headlines

Silver Prices Remain Steady (March 6), Check 1 Gram And 1 Kg Rates In Major Cities Across India
Silver Prices Remain Steady (March 6), Check 1 Gram And 1 Kg Rates In Major Cities Across India
Gold Prices Continue To Rally (Mar 6), Check 22K & 24K Rates Per Gram In Cities
Gold Prices Continue To Rally (Mar 6), Check 22K & 24K Rates Per Gram In Cities
Dalal Street Back In Red As Sensex Crashes Over 550 Points, Nifty Tests 24,600
Dalal Street Back In Red As Sensex Crashes Over 550 Points, Nifty Tests 24,600
Are Altcoins Losing Ground To Bitcoin In The New Crypto Cycle?
Are Altcoins Losing Ground To Bitcoin In The New Crypto Cycle?

Videos

Breaking News: US Torpedo Attack Sinks Iranian Warship in Indian Ocean, 80+ Sailors Dead
Breaking News: Uncertainty Over Iran’s Next Leader After Khamenei’s Death
War Alert: Oil Prices Surge as Iran War Escalates, Trump Makes Big Statement on Iran Leadership
Breaking News: Jaishankar Meets Iran’s Deputy Foreign Minister Amid Middle East Crisis
War breaking: Iranian 'Kheybar Shekan' missiles breach defenses, striking residential areas

Photo Gallery

25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Embed widget