Aircraft
GippsAero Shuts Down Airvan Manufacturing
India’s Mahindra Aerospace has shuttered its GippsAero subsidiary in Australia that had manufactured the GA8 Airvan.
Mahindra Aerospace has shut down manufacturing of the GippsAero GA8 Airvan, more than 250 of the aircraft are currently in operation globally.
Mahindra Aerospace has shut down manufacturing of the GippsAero GA8 Airvan, more than 250 of the aircraft are currently in operation globally.

India’s Mahindra Aerospace has exited its GippsAero subsidiary in Australia, announcing during a recent earnings call that it had shuttered this business. “GippsAero is up for sale for someone who wants to buy it. But, if there is no buyer, the business has been shut down already,” said Anish Shah, deputy managing director and group CFO at Mahindra and Mahindra. He added there are no aircraft orders currently in hand.


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