But the strategic investment will help Air Works—which provides maintenance, repair and overhaul (MRO) services in 10 countries—to increase its footprint in Europe, Asia and the U.S. and target business from global aircraft-leasing firms.
In a major security breach, an aircraft of India’s budget airline GoAir struck an aero-bridge at the airport in the southern city of Chennai, causing heavy damage to the aircraft, authorities say.
