Taneja Aerospace & Aviation Ltd has informed that the Company has entered into a MRO Facility Agreement with M/s. Air Works Commercial MRO Services Pvt Ltd (AWACS) wherein the Company would be licensing 7 acres of land and upto 5 hanger space on a long term basis which is a step towards the Company's strategy to develop its private air field as a MRO and Aviation park.
Initially the Company would be licensing 2 hanger space which would result in cash inflow of around Rs 7.50 Crore per annum.
Showing posts with label Taneja Aerospace and Aviation. Show all posts
Showing posts with label Taneja Aerospace and Aviation. Show all posts
January 9, 2008
Taneja Aerospace enters into MRO Facility Agreement with AWACS
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