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Friday 13 May 2016

Airbus Gives A320Neo Titanium Parts Contract To Karnataka-Based Aequs

New Delhi: Karnataka-based aerospace components' maker Aequs has bagged the contract for supply of over 100,000 titanium machined parts for the fuel-efficient A320neo (new engine option) aircraft from the European aviation major Airbus.

Under the contract, the titanium machined parts will be delivered to the Airbus plant in Toulouse (France) from the component maker's Belagavi facility in Karnataka.
Aequs Aerospace is a wholly-owned subsidiary of Aequs Private Limited. 
"This award (of contarct) represents a significant step for us as a supplier to Airbus. We have a long-standing relationship with Airbus and have produced detail machined parts for its single aisle, long-range, and large aircraft since 2009, including wing leading edge sub-assemblies for its A380," Aequs Chairman and Chief Executive Officer Aravind Melligeri said in a release.
These parts, supplied from Aequs, will be assembled at the Toulouse facility onto the pylon structure, used to mount engines on the aircraft wing, it said.
This contract positions Aequs for substantial growth as a significant Tier-1 supplier to Airbus, it added. 
To Read the News in Full
Airbus Gives A320Neo Titanium Parts Contract To Karnataka-Based Aequs

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