Gurgaon-based aviation se-rvices provider Air Works has taken a foothold in Dubai-based private aviation firm Empire Aviation group to expand in West Asia.
It has also stepped into aircraft management services by which, it can maintain and service private jets in the country. The firm said the equity deal was funded through a mix of internal accruals as well as structured debt finance of Rs 120 crore from US-headquartered private equity player KKR.
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