Malaysia Aviation Group (MAG) has signed a Sale and Purchase Agreement (SPA) with Airbus for the acquisition of Sepang Aircraft Engineering (SAE), a wholly owned subsidiary of the Airbus Group. The proposed acquisition marks a strategic milestone under MAG's Long-Term Business Plan 3.0 (LTBP 3.0), supporting the Group's strategy to strengthen its engineering and maintenance capabilities, expand its integrated aviation services portfolio and accelerate the growth of third-party revenue. Captain … [Read more...] about Malaysia Aviation Group signs SPA with Airbus for the acquisition of Sepang Aircraft Engineering
Sepang Aircraft Engineering
SAE becomes a fully owned Airbus subsidiary
Kuala Lumpur based MRO centre, Sepang Aircraft Engineering (SAE), has become a fully owned Airbus subsidiary, after being partially owned by Airbus since 2011. With this acquisition, SAE becomes an integral part of the Airbus Customer Services network and is set to represent a key element of Services by Airbus’ growth strategy in the dynamic Asia Pacific market. “Since its creation in 2007, SAE has established a strong reputation in the MRO market for … [Read more...] about SAE becomes a fully owned Airbus subsidiary
