Quantcast

Magellan partners with Aequs on potential engine MRO business in India

Report: JetBlue, United Mulling Partnership
Flight tickets from Srinagar remain exorbitantly high despite aviation ministry request
RTX Q1 Earnings & Sales Beat Estimates, Increase Year Over Year
Delta faces federal investigation as it scraps hundreds of flights for fifth straight day
Coalition pledges to remove EV tax break two days after Dutton ruled out scrapping it – as it happened
Adani’s airport unit seeks $750 million loan from global banks
GE Aerospace affirms outlook; CEO met with Trump to discuss tariffs
Flight made emergency landing in Denver after reported animal strike and engine fire
General Dynamics says G800 jet receives FAA, EASA certifications
Archer unveils plans for NYC air-taxi network in partnership with United Airlines
United Airlines doubles down on Chicago roots with new O'Hare billboards
Gatwick airport strikes, Easter 2025: will my flight be cancelled?
Boarding passes and check-in could be scrapped in air travel shake-up
European air traffic warning means summer delays for holidaymakers
The EU rule change that could affect millions of Brits when their flight is delayed or cancelled
Delta Earnings Land Soon. Why They’re Key for Airline Stocks and the Economy.
Avelo Airlines to Operate Deportation Flights, Hiring Flight Attendants
Travel chaos 2025: all the strikes and disruption expected across Europe
Qatar Airways accelerates Starlink wifi implementation
Southwest Airlines extends flight schedule through early April 2025
Cathay Pacific reaches 3,400 pilots this year, with low resignation rate of 2.9%
Qatar Airways Nears Boeing 777 Fleet-Wide Starlink Upgrade
United receives FAA approval for first Starlink-equipped planes
50 New Routes Launching In April 2025
Qantas launches mammoth Asia flight sale including Bali and Japan
New Update from Air Canada, WestJet, American Airlines, Delta, United, Southwest, Alaska, JetBlue Airways, and Sunwing: Airline Capacity Between Canada and US Slashed as Bookings Plummet Seventy Per Cent
Delta Cuts Two Domestic Routes
United Airlines Technicians Reject ‘Dead on Arrival’ Contract Proposal, Teamsters Say
The State of the Asia Pacific Airline Industry
Spirit Airlines to add Detroit nonstop flight out of Bradley International Airport
Magellan partners with Aequs on potential engine MRO business in India
Research
Webp 8t3zoasbyvom7qhqjytuz9v5thog
Brandon Williamson Vice President Market Leader of Infrastructure/Aviation Group | AviationPros

Magellan Aerospace Corporation has announced the signing of a Memorandum of Understanding (MOU) with Aequs Private Limited to explore the development of a business plan for a jointly-owned engine Maintenance, Repair, and Overhaul (MRO) business in the Aequs Special Economic Zone, located in Belagavi, Karnataka, India.

India’s aerospace sector has experienced growth over the past decade, driven by government initiatives including Make in India and UDAN Scheme, growth in the private sector, and increasing air traffic. Air travel demand in India has surged, making it one of the fastest-growing aviation markets globally.

Given the substantial growth of aerospace and aviation in India, the MRO sector is poised for significant development. Under the terms of this MOU, Magellan and Aequs will work together to evaluate the market for business, commercial, and military aircraft engine MRO services. They aim to develop a comprehensive business plan that expands their existing partnership into this new project.

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

In 2008, Aequs and Magellan established Aerospace Processing India (API), a joint venture that was the first Airbus and Boeing-approved plant in India. It provided OEMs with aerospace surface treatments not readily available domestically at that time. This successful venture has grown over the past 15 years to be India's largest facility processing more than 1.5 million parts annually. This demonstrates the solid foundation of the Aequs/Magellan relationship that delivers unique, cost-effective solutions supporting a global customer base.

Commenting on this newly agreed-to MOU Aravind Melligeri, Chairman and CEO of Aequs said, “We have had a successful relationship with Magellan Aerospace for the past 15 years and partnered to build the most innovative and effective Aerospace ecosystem in India today at the Aequs SEZ. It is only logical we explore further opportunities to service the fast-growing business, civil and military aviation industry in India. This facility is expected to have the ability to strip, rebuild, and test engines to help alleviate existing capacity constraints. This JV will leverage the vertically integrated Aerospace manufacturing ecosystem at Aequs SEZ and coupled with Magellan’s global presence and expertise across product lines will be best suited to provide engine MRO services to domestic and international business, commercial and military aircraft users.”

Phillip Underwood, President and CEO of Magellan Aerospace said: “With soaring aerospace and aviation growth this potential engine MRO venture for Indian market will focus on infrastructure development cost advantages strategic initiatives that are essential to realizing sector’s potential Magellan is committed contributing India's expertise aircraft engine MRO sector helping grow industry country ready meet growing needs our customers cost-effective quality solutions they expect”

Organizations Included in this History
More News

On June 2, Edelweiss, a Swiss leisure airline, launched its inaugural flight from Zurich to Seattle.

Jun 5, 2025

In early June, Etihad Airways launched two new European destinations, expanding its network to Prague, Czechia, and Warsaw, Poland.

Jun 5, 2025

Around half of the over 1,000 Boeing 757s produced remain in service worldwide.

Jun 5, 2025

Allegiant Air, an ultra-low-cost carrier, has rapidly expanded its operations with the Boeing 737 MAX 8-200 aircraft.

Jun 5, 2025

The Airbus A321 and Boeing 757 are both key players in the long-range, high-capacity twin-engine aircraft market.

Jun 5, 2025

Alaska Airlines has announced plans to launch a new direct flight route from Seattle, Washington, to Rome, Italy.

Jun 5, 2025