Mahindra Aerospace, currently India’s only manufacturer of light aircraft for private/utility use, is preparing to open its new 270,000-sq-ft facility near Bangalore. This will be used for manufacturing metal components, aircraft assemblies and aerostructures, according to executive director and global CEO Arvind Mehra.
Light aircraft
China Aviation Industry General Aircraft (Caiga) of Zhuhai, China, completed its acquisition of Duluth, Minn.-based Cirrus Aircraft on June 28. Sellers include private-equity firm Arcapita, which owned 60 percent of Cirrus, and minority shareholders (including former Cirrus chairman and co-founder Alan Klapmeier).