Indian MRO, Air Works eyes 20% growth across all segments this fiscal

Indian domestic MRO firm, Air Works, is eyeing a 15 to 20% growth in the top-line this fiscal with all segments of the business seeing growth. On a standalone basis, Air Works closed FY22 with a revenue of nearly INR 350 crore, which came from base maintenance, painting, cabin and interiors, line maintenance, and avionics. “With the momentum of growth being seen in terms of market opportunities and our own capabilities, we expect a likely top-line growth of 15-20% this fiscal,” said D Anand Bhaskar, Managing Director, and CEO, Air Works. “The maximum growth is being witnessed in the commercial MRO segment at about 10-15%