Wednesday, February 18, 2009

MRO joint venture between Jet Airways and Malaysia Airlines

A code-sharing agreement has been signed between Malaysia Airlines and Jet Airways. According to agreement signed in Hyderabad, India regarding Joint venture Jet Airways will take care of Malaysia Airline planes maintenance, repair and overhaul i.e. MRO in India by February end. This joint venture will be beneficial for Malaysia airlines as its planes don’t have to fly to Malaysia for MRO services, it can be done in India itself.

Malaysia’s National carrier is hopeful that Jet airways in India would become its anchor tenant after signing the code sharing agreement and they desire of having a commercially viable MRO joint venture. This code sharing agreement is definitely going to help both the airlines to build a strong bond between the two nations. This venture will attract other nations as well to participate in signing these kinds of agreement with India and will help Indian airlines to build a reputation in airlines industry world over.

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