Malaysian Aerospace Engineering To Acquire Transmile's E&M Unit
20.08.2009 [15:33] Malaysian Airline System Berhad (MAS) wishes to announce that Malaysian Aerospace Engineering Sdn Bhd (MAE), a wholly-owned subsidiary of MAS, and Transmile Group Berhad (Transmile) have today signed a Letter of Intent for MAE to purchase Transmile’s Engineering & Maintenance unit.
The proposed acquisition involves the purchase of Transmile’s base maintenance and engineering capabilities including 2 hangars, equipment, and employment of its skilled manpower at its Subang base.
The proposed transaction also includes MAE providing ongoing heavy maintenance services to Transmile’s fleet of 16 freighter aircraft. Transmile will also continue to perform its own online maintenance checks in Malaysia and elsewhere.
Upon the completion of the acquisition, MAE is expected to be the largest airframe MRO in Asia Pacific with 8 hangars and the capacity to accommodate 28 wide body and narrow body aircraft at any one time.
The projected 15% increase in additional capacity will contribute towards MAE’s growth plans and give it better economies of scale.
The additional capacity will also serve MAE well as it actively pursues 3rd party Maintenance, Repair and Overhaul (MRO) businesses with a target revenue of RM500 million this year.
It currently has more than 80 customer airlines including Air Atlanta, Lufthansa, Saudi Arabian Airlines, Jet Airways, Delta and GECAS, one of the world’s largest fleet owners and lessors.
Mein Kommentar zu dieser Meldung:
21.08.2014 [15:35] : Demografischer Wandel verändert Urlaubstrends
21.08.2014 [14:26] : Eurobike: Neuheiten rund ums Fahrrad 2015
18.08.2014 [15:16] : Trinidad und Tobago stellen sich neu auf
18.08.2014 [15:04] : Museum Huis Doorn bei Utrecht: Neuer Pavillon zum Ersten Weltkrieg
18.08.2014 [14:59] : Ryanair startet Partnerschaft mit PayPal
18.08.2014 [11:29] : Handy am Steuer: In fast ganz Europa verboten
British holidaymakers are not put off from holidaying in Spain despite the recent bombings carried out by the Basque separatist terrorist organisation, ETA, according to the Skyscanner travel site. weiterlesen
This year, THE TRADE SHOW (Sept. 13-15) is offering more incentives than ever for qualified agents to attend North America’s largest retail travel event. The newest incentive—the Hosted Buyer Program—offers agents the opportunity to actually be hosted by a THE TRADE SHOW partner. Launching a hosted buyer program positions THE TRADE SHOW as one of the elite trade shows for travel agents and suppliers. weiterlesen
Wallenborn Transports S.A., a leading European supplier of logistics in road feeder transportations, air cargo distribution and related services with home base in Luxembourg has acquired Rutges Cargo B.V., a leading air cargo distribution specialist based in Amsterdam. weiterlesen
Wallenborn Transports S.A., a leading European supplier of logistics in road feeder transportations, air cargo distribution and related services with home base in Luxembourg has acquired Haugsted AirCargo Services, one of the leading trucking and handling operators in Scandinavia. weiterlesen
Preliminary Results Show Approximately 63 Percent of Total Outstanding Shares Have Been Tendered to Date weiterlesen