The country’s largest private carrier Jet Airways is looking at buying a stake in the maintenance, repair and overhaul (MRO) facility at
the new Hyderabad international airport, according to a source close to the development.
A senior Jet Airways official declined to comment on the ongoing negotiations, but agreed there was a proposal to buy a stake in the MRO facility. No further details are available at this stage.
German carrier Lufthansa pulled out of a joint venture with Hyderabad International Airport. The airport, nevertheless, has signed an agreement with Malaysian Airlines. The MRO centre is promoted by the GMR group, which also operates the airport. It will handle all types of aircraft, including the A380s.