The auto major Mahindra & Mahindra’s aerospace arm Mahindra Aerospace today said it is hopeful of launching its first aircraft, the NM5, in the next six weeks.
“If everything goes well and according to our plan, we will be able to launch the five-seater NM5 aircraft, developed in association with the National Aerospace Laboratories (NAL,) as early as within the next six weeks,” president of Mahindra Systech, the holding company of Mahindra Aerospace, Hemant Luthra told a select media gathering here.
On commissioning of its upcoming airframe unit in Bangalore, he said, “Civil contracts for the Rs 300-crore unit have already been awarded and the full-fledged aeroplane bodyshop should be up and running by June 2012.”
From: http://ping.fm/YJnyE
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