Small BusinessCFM Intl to set up training facility at Hyd airport
GMR Hyderabad International Airport Limited (GHIAL) has signed an agreement with aircraft engine manufacturer, CFM International (CFM), to establish a new CFM56 maintenance training centre to support its customers in the South Asian region.
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CFM International is a 50:50 joint venture between Snecma (SAFRAN Group) of France and General Electric Company(GE) of the United States. The agreement signed on Thursday cements a memorandum of agreement executed in January 2009.
The training centre, which will commence operations by late January 2010, will be located in the GMR Aerospace Park, being developed in the exclusive 250 acre aviation SEZ, that forms part of the Rajiv Gandhi International Airport complex. The aviation SEZ was recently notified by the Union government. GHIAL will build the 1,000-square metre facility at a cost of Rs 5 crore and lease it to CFM.