Page 29 - ITLN May June 2023 Magazine
P. 29

K+N will focus on inbound and outbound   in service. MRO services are crucial in
                                            international air logistics needs, reduce   ensuring compliance with regulatory
                                            downtime and 24x7 AOG support for   requirements. As the demand for MRO
                                            GMR Aero Technic.                  services in India continues to grow, the
                                              Meanwhile, in 2023, Boeing itself   demand for aerospace logistic services
                   Aerospace                invested $24 million in a new logistics   is expected to increase as well,” he said.
                                                                                 Looking into the complexity of
                components and              centre in India to cater to its regional   aerospace logistics, he said, “Aerospace
                                            customers that support an efficient and
             parts often have strict        cost-effective service solution for regional   logistics movements in India are
               delivery timelines,          customers to maintain higher fleet   different from other commodities
              and any delays can            utilization and mission readiness rates.   moving around due to their complexity,
               have an impact on              Agreeing with the growing demand   regulatory requirements, time sensitivity,
             production schedules,          for these logistics activities, Deepak   high value, and strategic importance.
            maintenance timelines,          Kumar, head air logistics, Kuehne+Nagel   Logistics providers need to have
                                            India, Sri Lanka, and the Maldives,
                                                                               specialized expertise and infrastructure
                and revenue for             noted that logistics plays a vital role in   to handle these moves effectively.”
                 shippers, MRO              the movement of aircraft, engines, and   “Most importantly, urgency plays a
                companies, and              components between different locations   significant role in aerospace logistics
                    airlines.               for maintenance and repair.        movements in India. Aerospace
                                              “In recent years, the aircraft MRO   components and parts often have strict
                 Deepak Kumar               market has grown significantly, mainly   delivery timelines, and any delays can
                   Kuehne+Nagel             due to the growing demand for air   have a significant impact on production
                                            travel and the need to keep old aircraft   schedules, maintenance timelines, and
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