Air France-KLM to Buy Stake in Indian Aircraft Repair Firm
Nov. 17, 2010
European aviation firm Air France-KLM has agreed to pick up a 26 percent stake in privately-held Indian firm Max Aerospace and Aviation Ltd and will set up an aircraft component repair facility in India, the French firm said in a statement on Nov. 17.
The French firm did not provide any details on the location or investment. Max Aerospace is a Mumbai-based firm providing maintenance, repair and overhaul.