Adani Group Expands Aviation Footprint: Targets Engine MRO, P2F Conversion

• Adani Group plans to enter engine MRO (Maintenance, Repair, and Overhaul) and Passenger Aircraft-to-Freighter (P2F) conversion businesses.
• The group is merging acquired MRO firms Indamer and Air Works into a single large MRO company.
• Acquired Air Works for ₹400 crore and a 72.8% stake in Flight Simulation Technique Centre (FSTC) for ₹820 crore, entering pilot training.
• New MRO bases under Air Works will be developed in Ahmedabad, Guwahati, and Bhubaneswar.
• Plans to expand FSTC's simulator business to 45-50 simulators in 2-3 years, addressing the need for 30,000 new pilots.

Why It Matters: Adani Group is making significant investments to dominate India's growing aviation MRO and training sectors.