Published On:January 28 2008
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Varman plans to set up overhaul facility
Bangalore: Varman Aviation is planning to set up an overhaul facility in the city to cater to the requirements of Rolls-Royce 250 series engines, Bell Helicopters as well as Islanders of Indian Navy by in the next 12 months.
The facility would cater to the requirements by Pratt & Whitney 100 series turbo-prop engines for ATR 42ô72 aircraft in operation in India with major airlines from next year, company’s President & CEO M M Varman said.
Varman Aviation has already established an aero gas turbine engine (Pratt & Whitney) overhaul facility in Bangalore.
The facility is capable of overhauling the Pratt & Whitney PT6A-21 and 42 engines. The first overhauled Pratt & Whitney PT6A engine was handed over to the Bihar government at a function here.
To start with, Varman Aviation expects to overhaul 10 engines every year, which can be scaled up to 35 engines per annum in the next three years time, said Varman Aviation chairman C R Ramanuja Char. The facility is capable of catering to the clients from neighbouring countries, said the company.
There are around 140 PT6A-21 & 42 engines in India and these are installed on King Air C90 and B 200 aircraft.
These are owned by corporates such as Tata, Reliance, TVS, Deccan, UB Group and Kirloskar. Besides, some state governments also use such aircraft for the movement of VIPs.
During fiscal 2006-07, Varman Aviation had revenues of Rs 15 crore. During the present fiscal, the company hopes to achieve a turnover of Rs 25 crore.