Airlines

Airbus, Safran and Tikehau Capital finalise acquisition of Aubert & Duval

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The holding company that is jointly held by Airbus, Safran, and Tikehau Capital has completed the purchase of Aubert & Duval from Eramet.

For high-precision clients, including the aerospace, defense, nuclear, and medical industries, Aubert & Duval is a vital supplier of essential components and materials. The company employs 3,700 employees, the majority of whom are from France, and has yearly revenues of over €550 million. The aerospace, transportation, energy, defense, and medical industries depend on its cutting-edge knowledge of specialty steels and superalloys as well as its more recent acquisition of titanium expertise.

“The purchase of Aubert & Duval illustrates the accelerating speed of change and consolidation in the aerospace industry. Tikehau Capital is proud to work with Airbus and Safran to support the company’s turnaround and the expansion of its industrial capabilities.

This operation is the most recent in a string of initiatives over the past few years to support and strengthen France’s aerospace industry, including the Ace Aéro Partenaires Investment Fund established in 2020 and managed by alternative asset management company Tikehau Capital with support from the French government, which retains a golden share in Aubert & Duval Company to safeguard its strategic interests.

Airlines

Air India to Launch aircraft maintenance training institute in Bengaluru

Air India, one of India’s leading global airlines, is set to establish a Basic Maintenance Training Organization (BMTO) in Bengaluru.

This institute will offer a comprehensive Aircraft Maintenance Engineering (AME) program certified by the Directorate General of Civil Aviation (DGCA). The program will follow an integrated 2+2 year structure, combining classroom learning with practical, hands-on training.

This initiative is part of Air India’s broader goal of creating a robust aviation ecosystem in India. With plans to expand its fleet and strengthen its operations, the airline aims to build a skilled workforce of maintenance engineers, making the organization self-reliant while supporting its ambitious transformation journey.

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To bring this vision to life, air india has partnered with Bengaluru Airport City Limited (BACL), a subsidiary of Bangalore International Airport Limited (BIAL). Together, they will develop a state-of-the-art facility spanning 86,000 square feet at Bengaluru Airport City.

This purpose-built campus will feature modern classrooms, well-equipped laboratories, and qualified trainers to deliver world-class education and training. The institute is expected to become operational by mid-2026.

The BMTO will be located close to Air India’s new 12-bay Maintenance, Repair, and Overhaul (MRO) facility, also set to open in Bengaluru by early 2026. The AME program will begin with two years of academic coursework, followed by two years of practical training at the MRO, ensuring students receive hands-on experience adhering to industry standards.

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In the meantime, Air India has introduced a Cadet AME program in collaboration with reputable institutions in Bengaluru and Hyderabad.

This ensures continuity in its commitment to developing skilled aircraft maintenance engineers while the BMTO facility is under construction. The program also allows students to pursue a bachelor’s degree through university partnerships, enhancing their career and academic opportunities.

With this initiative, air india plane aims to address the growing demand for skilled professionals in aircraft maintenance and engineering, air india new planes contributing to the development of India’s aviation sector and creating specialized career paths for aspiring engineers.