Kuehne+Nagel signs service agreement with GMR Aero Technic
Three-year contract continues long-standing association; Indian MRO industry expected to grow to $4 billion by 2031
Kuehne+Nagel, a leading global logistics company, has signed a three-year logistics service contract with GMR Aero Technic, a subsidiary of GMR Hyderabad International Airport.
"With the contract, Kuehne+Nagel will focus on inbound and outbound international air logistics needs, reduce downtime and 24x7 AOG support for GMR Aero Technic," says an official release from K+N.
GMR Aero Technic has been constantly upgrading capabilities and expanding service offerings to meet the growing maintenance needs of airline operators within and outside India with a vision to be a lead MRO in the Asia Pacific region, the release added. "The Indian MRO industry is expected to grow to $4 billion by 2031 and with more than 1,000 new aircraft orders, India is likely to become the third largest buyer of commercial passenger planes in the world."
Coen van der Maarel, Managing Director, Kuehne+Nagel India, Sri Lanka and the Maldives says: “We have been supporting GMR Aero Technic with expertise over the last few years by providing them with aircraft maintenance solutions in a timely, cost-effective manner. We are delighted and look forward to adding value to their operations and meeting their international logistics requirements. Technological advancements and disruptions are expected to accelerate the industry's evolution, and Kuehne+Nagel will continue to be an innovative and committed business partner to GMR Aero Technic.”
Ashok Gopinath, CEO, GMR Aero Technic adds: ‘We are delighted to continue our partnership with Kuehne+Nagel. Kuehne+Nagel has proven to be a reliable partner of choice for aircraft maintenance logistics. Their commitment towards AOG deliverables remained unaffected even during the pandemic. GMR Aero Technic continues investing in upgrading and expanding their service offerings for aerospace customers, and our partnership with Kuehne+Nagel serves that priority."