Alenia Aeronautica and MAS Aerospace Engineering (MAE), a subsidiary of Malaysia Airlines, have signed an agreement to create a joint venture company for the provision of MRO services for ATR aircraft. The new company, MAS-Alenia Aeronautica Aerospace Engineering (MAAE) is 51 per cent owned by MAE and 49 per cent by Alenia Aeronautica. The company’s headquarters will be in Malaysia. … [Read more...] about Italy’s Alenia and MAS establish Malaysian JV
Malaysia Airlines
MASkargo sees 2010 recovery, focuses on charters
Malaysia Airlines Cargo (MASkargo) - which saw a 28 per cent nose dive in cargo volume in the first half year of 2009 year-on-year - has said it expects to see a turnaround of its cargo volumes only in the second half of of next year. The Kuala Lumpur-based cargo carrier took a major hit when demand from its main market, China, fell by more than 30 per cent. "We see a light at the end of the tunnel. We see some flattening at the bottom. There is not really a jump yet but we've seen the bottom … [Read more...] about MASkargo sees 2010 recovery, focuses on charters
