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Sunday, September 26, 2021

New MRO policy: Royalty charge scrapped

Civil Aviation Minister Jyotiraditya Scindia also announced a 100-day plan for the sector, including policy measures and development of airports as well as heliports.

By: Express News Service | New Delhi |
September 10, 2021 2:20:05 am
Civil Aviation Minister, Jyotiraditya Scindia, Defence Ministry, Home Ministry, Bureau of Civil Aviation Security, drone technology, Jyotiraditya Scindia, indian express, indian express newsUnion Minister Jyotiraditya Scindia. (File)

The Civil Aviation Ministry on Thursday announced a new policy for Maintenance, Repair and Overhaul (MRO) services to attract more investments, which includes leasing of land through open tenders and abolishing royalty charged by the AAI.

Civil Aviation Minister Jyotiraditya Scindia also announced a 100-day plan for the sector, including policy measures and development of airports as well as heliports.

He also said the deadline for submission of financial bids will be September 15, indicating that there will be no extension for submitting the bids.

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