Airbus takes control of Malaysian MRO
Airbus has taken full control of Malaysian MRO provider Sepang Aircraft Engineering (SAE), making it a fully owned subsidiary. Airbus took a 40% stake in Kuala Lumpur International Airport-based SAE in 2011, but has now bought out the remaining 60% of the shares. SAE now becomes an integral part of the Airbus Customer Services network; the manufacturer said SAE will be a key element of the group’s Services by Airbus organisation, which is expanding its interests in the Asia-Pacific market. In September, SAE marked a significant expansion in its operations with the opening of a second hangar to deal with increasing demand and now has a combined floor area of some 50,000 sq m. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-10-13/general/airbus-takes-control-of-malaysian-mro
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Airbus takes control of Malaysian MRO
Airbus has taken full control of Malaysian MRO provider Sepang Aircraft Engineering (SAE), making it a fully owned subsidiary. Airbus took a 40% stake in Kuala Lumpur International Airport-based SAE in 2011, but has now bought out the remaining 60% of the shares. SAE now becomes an integral part of the Airbus Customer Services network; the manufacturer said SAE will be a key element of the group’s Services by Airbus organisation, which is expanding its interests in the Asia-Pacific market. In September, SAE marked a significant expansion in its operations with the opening of a second hangar to deal with increasing demand and now has a combined floor area of some 50,000 sq m. <br/>