<p>"We have received the approval from the Director General Civil Aviation (DGCA) for carrying out maintenance of Boeing 737 New Generation series aircraft fitted with CFM-56-7 series engines at our existing facility," Air Works CEO Fredrik Groth said.</p>.<p>The company, which has its MRO facility in Hosur in Karnataka-Tamil Nadu, plans to invest up to USD 40 million to set up additional hangars, paint operation facilities and future engine and component activities, he said.</p>.<p>Over 70 Boeing 737 aircraft currently operate with major airliners including Air India, Air India Express, Jet Airways and SpiceJet he said, adding that efforts were on to woo customers from the neighbouring region which, along with Indian Boeing operators, spend huge amounts to send the planes for routine checks abroad.</p>.<p> "We look forward to working with Boeing 737 operators in neighbouring countries also. Our services will be cost effective and will eliminate the need for costly overseas aircraft ferrying," he added. Indian airlines spend over USD 600 million on getting their aircraft serviced abroad.</p>
<p>"We have received the approval from the Director General Civil Aviation (DGCA) for carrying out maintenance of Boeing 737 New Generation series aircraft fitted with CFM-56-7 series engines at our existing facility," Air Works CEO Fredrik Groth said.</p>.<p>The company, which has its MRO facility in Hosur in Karnataka-Tamil Nadu, plans to invest up to USD 40 million to set up additional hangars, paint operation facilities and future engine and component activities, he said.</p>.<p>Over 70 Boeing 737 aircraft currently operate with major airliners including Air India, Air India Express, Jet Airways and SpiceJet he said, adding that efforts were on to woo customers from the neighbouring region which, along with Indian Boeing operators, spend huge amounts to send the planes for routine checks abroad.</p>.<p> "We look forward to working with Boeing 737 operators in neighbouring countries also. Our services will be cost effective and will eliminate the need for costly overseas aircraft ferrying," he added. Indian airlines spend over USD 600 million on getting their aircraft serviced abroad.</p>