Air Works

Last updated

Air Works
Company type Private Limited
Industry Aviation
FoundersB.G. Menon and D. Anandaram
Headquarters
Gurgaon, Haryana
,
India
Key people
  • Anand Bhaskar (MD & CEO)
Services
Website airworks.aero

Air Works is an Indian aircraft maintenance company. [1] [2] [3] Established in 1951, it was one of the oldest independent aviation and aerospace services companies in India. [4] As of December 2024, it was also the largest private sector company for aircraft maintenance, repair, and overhaul (MRO) in the country, with a presence in 27 cities and 1500 staff. [1]

Contents

Currently the company is responsible for heavy maintenance of the Indian Navy’s Boeing P-8I maritime surveillance aircraft. [5]

History and operation

Air Works was started in 1951 by B.G. Menon and D. Anandaram. Commercial Aviation MRO (MRO for airlines/commercial jets/cargo operators) began in 1993 with Jet Airways for 2 to 3 years, and then in Hosur (Tamil Nadu) when Air Works built its own hangar for repair. [4]

Regulatory approvals

In 2008, Air Works became the first MRO company in India to receive regulatory approval from the DGCA. [6] The first MRO center opened in Bangalore, Karnataka. [7] By 2022, Air Works, together with its sister/group companies Acumen Aviation and SA Air Works, was India's sole MRO that serving all three client sectors: General Aviation, Commercial Aviation and Defence MRO. [8]

The European Aviation Safety Agency approved the Air Works Kochi facility to undertake maintenance for Airbus 320 jets in September 2022. [9]

Commercial partnerships

Scandinavian Avionics, a Denmark-based Aerospace company partnered with Air Works in 2010. [10]

In 2011, Air Works began maintenance, checks and services for BBJ (Boeing Business Jet) for Defense MRO (aviation assets owned or operated by Indian Armed Forces – Indian Air Force & Navy). [11]

In 2014, the company partnered with Yaksa Investment Nepal to provide MRO services for international and domestic airlines operating out of Tribhuvan International Airport, Kathmandu. [12]

Boeing, the American aircraft manufacturer partnered with Air Works in February 2021. [13] In May 2021, the company partnered with Objectify. [14] In 2023, the company started maintenance for Boeing P-8 Poseidon with its expansion in Australia and New Zealand. [15]

Air Works partnered with the UAE-based Mach Technik Aircraft Maintenance to provide international line maintenance services to Dubai. [16]

Mergers and acquisitions

Air Works acquired Dubai based Empire Aviation Group FZCO in 2012. [17] British company Air Livery Limited was acquired by Air Works in 2013 with 85% stake. [18] By 2013, the company had expanded into 20 cities of India. [19]

Acquisition by Adani

In October 2022, Adani Group announced that it would acquire Air Works. [20] However, by April 2023, the memorandum of understanding between the two companies had expired twice, and was delayed again when a major shareholder in Air Works was forced into liquidation. [15] In 2024, Adani Defence Systems & Technologies Ltd. (ADSTL) announced that it was acquiring an 85.8% stake in Air Works. [1]

Awards

Notable people

In February 2020, Lieutenant General Ajay Kumar Singh and Haseeb Drabu, Indian politician and economist were appointed as company's board of directors. [23]

See also

References

  1. 1 2 3 "Adani to buy plane MRO firm Air Works". The Hindu. 24 December 2024. Retrieved 5 February 2025– via ProQuest.
  2. ↑ Chua, Alfred. "Indian MRO firm Air Works eyes new vistas in engines, components". Flight Global.
  3. ↑ "MRO growth to help create jobs: skill council". The Hindu. 8 April 2021.
  4. 1 2 "Air Works Group: A Legacy in Aviation Services". Bru Times News.
  5. ↑ "Boeing, Air Works work on maintenance of P-8I warfare aircraft". The Economic Times. 5 May 2022.
  6. ↑ "India's first aircraft maintenance facility gets approval". The Economic Times. 10 November 2008.
  7. ↑ "Air Works to open first MRO near Bangalore". Business-standard.
  8. ↑ "Boeing and Air Works accelerate MRO capabilities for IN P-8I's". Vayu Aerospace. 9 May 2022.
  9. ↑ "Air Works' facility gets European regulator's approval to provide maintenance for Airbus 320 planes". Business Today. 13 September 2022.
  10. ↑ "Air Works in JV with Scandinavian Avionics of Denmark". The Economic Times. 30 August 2010.
  11. ↑ "India's Air Works eyes capturing MRO opportunities for Boeing P-8A Poseidon fleet of Australia, New Zealand - ET Infra". ETInfra.com.
  12. ↑ "Air Works inks tie-up with Nepal company". The Economic Times. 26 November 2014.
  13. ↑ "India's Air Works eyes capturing MRO opportunities for Boeing P-8A Poseidon fleet of Australia, New Zealand - ET Infra". ETInfra.com.
  14. ↑ Mishra, Mihir (26 May 2021). "Air Works readies plan to cash in on MRO boom in India;brings 3D printing for aviation, defence". The Economic Times.
  15. 1 2 Majumder, Arindam; Bhalla, Mohit (24 April 2023). "Adani's acquisition of Air Works delayed". The Economic Times.
  16. ↑ "Air Works Expands Line Maintenance Network to Dubai". Aviation Pros. 26 May 2022.
  17. ↑ "Air Works Makes a Strategic Investment in Dubai Based Empire Aviation Group". Aviation Pros. 18 June 2012.
  18. ↑ "Air Works acquires 85% in British firm". business-standard. 18 February 2013.
  19. ↑ Goyal, Malini (28 July 2013). "Sunday ET: Air Works: India's largest MRO offering services in 20 cities". The Economic Times.
  20. ↑ "Adani Group to acquire MRO Air Works". The Indian Express. 19 October 2022.
  21. ↑ "Best MRO award for India's Air Works | Times Aerospace". Timesaerospace.aero.
  22. ↑ "Air Works receives the prestigious Aviation Week 'Leading Independent MRO of the Year 2011' award". afaqs!. 13 April 2011.
  23. ↑ Kundu, Rhik (31 August 2020). "Air Works appoint Haseeb A. Drabu as independent director". mint.
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