Indian conglomerate Adani Group is reportedly planning to invest in engine MRO and passenger-to-freighter aircraft conversions. The group, which has separate airport infrastructure and aircraft services businesses, aims to combine its maintenance entities into one large company as it bets on continued growth in the country's aviation sector. It is also reportedly investing in pilot training through its acquisition of a flight simulator company, in the belief that India will be able to absorb 45 to 50 simulators as demand for pilots rises.

Adani Group was previously tipped to be mulling an investment in now-defunct Jet Airways. It was also said to be interested in bidding for flag carrier Air India and, according to reports at the time, was one of 16 entities mulling a stake in SriLankan Airlines.