33 C
Friday, April 10, 2020
Home Business Airbus expands in Southeast Asia

Airbus expands in Southeast Asia


The Asia-Pacific region, including the Philippines, is a core market for Airbus accounting for about 31 percent of all orders recorded by the company to date.

The company said that there are more than 2,270 Airbus aircraft in service with 98 operators across the region, with another 2,000 on order for future delivery. This represents 36 percent of the company’s total backlog, reflecting the importance of the region as the fastest-growing market for new civil aircraft.

In line with this, Airbus is set to develop its presence in Malaysia with the expansion of its joint venture maintenance unit Sepang Aircraft Engineering (SAE), and the establishment of a new Airbus Customer Services Center. The developments are the first in a series of projects that will see the manufacturer increase its footprint in the fast-growing Southeast Asian region, and provide more support services for operators of its aircraft.

The initiatives in Malaysia were announced at a ceremony at the SAE premises at Kuala Lumpur International airport on October 4, to launch the construction of a second hangar at the facility. The ceremony took place in the presence of Malaysian Prime Minister Dato’ Sri Najib Razak and was attended by Fabrice Brégier, president and chief executive officer of Airbus.

In a statement, Brégier said that, “The announcements we are making today reflect the enormous potential we see for the aerospace industry in Southeast Asia.”

New hangar

The new hangar at SAE, which specializes in the maintenance and overhaul of Airbus single aisle aircraft, will have a floor area of 13,000 square meters and will be capable of accommodating three A320 Family aircraft for major maintenance checks.

This will be in addition to the existing hangar, which can accommodate six single aisle aircraft at any one time. The new Airbus Customer Services facility, which is 100-percent owned by Airbus, will be located adjacent to SAE.

PH secures $500-M loan from WB

THE government has secured a $500-million loan from the World Bank to strengthen its capacity to address disaster risks, respond to and recover from...

‘Libingan’ burial for fallen frontliners: Lawmaker

A party-list representative has sought for state honors and burial at the Libingan ng mga Bayani (Heroes Cemetery) for Coronavirus disease 2019 frontliners who...

Lawmaker appeals Caraga coronavirus testing facility

A lawmaker is pushing for the establishment of a coronavirus disease (Covid-19) testing facility in the Caraga Region to help assess and address the...

Taiwan demands apology from WHO chief over virus ‘slander’

Taiwan demanded an apology from the World Health Organization (WHO) chief on Thursday after he accused the island's government of leading personal attacks against...

Young army officer dies of suspected Covid symptoms

A Junior army officer has died after experiencing symptoms of the coronavirus disease (Covid-19), with his test results yet to be confirmed. Brig. Gen. Edgard...

Today's Front Page