India’s bankers have accorded aircraft maintenance, repair and overhaul operations infrastructure status to facilitate easier borrowing from overseas, the country’s central bank says. “On a review, it has been decided that, for the purpose of External Commercial Borrowings (ECB), Maintenance, Repair and Overhaul (MRO) will also be treated as a part of airport infrastructure,” the Reserve Bank of India (RBI) says. As a result, the MRO business will be regarded “as part of the ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Bankers Designate India's MRO Sector 'Infrastructure' To Ease Borrowing".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.