Airbus sourcing activities in Malaysia to reach RM2.24 billion
Malaysia is a unique market for the Airbus, considering it is the largest supplier base in Southeast Asia and fifth largest components supplier worldwide. – EPA pic, March 25, 2019.
THE value of Airbus’ sourcing activities in Malaysia is expected to reach US$550 million annually by 2023, higher from the US$400 million last year. Airbus Asia-Pacific president Jean-Marc Nasr said this growth would be on the back of higher passenger traffic growth in the region, which also translates into higher demand for air traffic production and maintenance, repair and overhaul services.
Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Airbus to source RM2.24 billion in parts from Malaysia by 2024 | The Malaysian InsightHigh regional passenger traffic driving boom in aerospace industry.
Read more »
Airbus sasar nilai kerja meningkat RM2.24bKUALA LUMPUR 25 Mac - Airbus menyasarkan nilai kerjanya di Malaysia meningkat sehingga AS$550 juta (RM2.24 bilion) setiap tahun menjelang 2023.
Read more »
Taiwan's StarLux Airlines signs deal with Airbus for 17 planesThe deal included five A350-900s and 12 A350-1000s with ten options, scheduled to be delivered from late 2021.
Read more »
Airbus to source RM2.24 billion in parts from Malaysia by 2024 | The Malaysian InsightHigh regional passenger traffic driving boom in aerospace industry.
Read more »
PR1MA nets RM1.24 billion sales in home ownership campaign | The Malaysian InsightThe ongoing HOC campaign has so far sold more than 4,000 homes due to discounts of up to 30% being offered.
Read more »