Tuesday October 18, 2011
MAS aerospace engineering’s India JV ready to take off
KUALA LUMPUR: MAS-GMR Aero-space Engineering (MGAE) Co Ltd, a 50:50 joint venture between Malay-sian Aerospace Engineering (MAE) Sdn Bhd and GMR Hyderabad International Airport Ltd, is to be launched soon.
MAE is a subsidiary of Malaysia Airlines (MAS) while GMR Hyderabad International is a subsidiary of India-based GMR Infrastructure Ltd.
MAS said the joint venture was a third party Airframe maintenance, repair and overhaul (MRO) facility, the first of its kind for its scale, is located in the Special Economic Zone at the Rajiv Gandhi International Airport in Hyderabad.
“The MGAE has one wide-body hangar, one narrow body hangar with three bays and another paint-cum-narrow body hangar with associated workshops.
“It has the capability to provide base maintenance services, starting with narrow-bodied aircraft like Airbus A320, ATR 42/72 and Boeing 737-NG and subsequently wide-body aircraft like A330 and Boeing 777,” said MAS in a statement yesterday.
It said the directorate general of civil aviation completed the audit of the joint-venture facility early this month, paving the way for airline operators to consider this facility for their MRO needs.
Next month, this facility would be audited by the European Aviation Safety Agency (EASA) and if the facility met EASA’s stringent criteria, it would be able to attract European-registered aircraft for MRO services, MAS said.
It said the MGAE currently had close to 350 employees and the bulk of the manpower was made up of local Indian skilled workforce, while retired MAS engineers and technicians were also employed at competitive remuneration packages to kick-start operations. – Bernama
- Sosilawati murder case verdict to be announced Thursday
- Student activist to be charged in court Thursday after remand expires
- Pakatan-held states won’t be sidelined in tourism push, says Nazri
- Grandmother of seven detained for alleged drug trafficking
- Extended remand for second suspect in Customs deputy D-G murder
- Remanded suspect in shooting case dies in police custody
- BN should merge into single multi-racial party, says Gerakan acting president
- Felda fails to get judgment against PKR sec-gen Saifudin Nasution
- Hisham says security in east Sabah top priority
- Dr Ling: Only AGM can force Dr Chua's resignation
- A-G to proceed with case against Riduan Masmud over rape of girl
- Four members of Botak Gang nabbed
- IGP: Police to set up new Crime Prevention Department
- Health Ministry proposes to extend operating hours of clinics
- Huge education workforce
- Deleum's earnings down 31% to RM6.8mil
- AirAsia Q1 operating profit up 6% to RM254.93m (Update)
- KL Kepong’s earnings slip 2.4% to RM209.6m as CPO prices drop
- Dayang earnings surge to RM58.39m with RM3.5b jobs in hand
- Malaysia's inflation rate up 1.7% in April, highest in 11 months
- Profit taking on Maybank, Genting sends KLCI into the red
- Alliance Research 'Neutral' on IOI Corp, ups TP to RM5.41
- Petronas Chemicals to decide on Gebeng plant by year-end
- Petronas stocks, KLK drag KLCI into the red
- KPJ Healthcare Q1 earnings down 24.7% to RM25m
- Boustead Q1 earnings down 30.9% on weaker CPO prices
- More dividends from Pacific & Orient
- CIMB, Tenaga up as KLCI again eyes 1,800 (Update)
- Bumi Armada advances to high of RM4.14 on firmer earnings
- Samchem eyes Vietnam, to contribute 30% of group revenue
- Sinai kidnappers free Egypt security personnel
- Farmers plant rice near doomed Fukushima plant
- Pope calls for loyalty from Chinese Catholics
- Rinehart loses $7 bn but still Australia's richest
- Syria opposition urges rebels to join Qusayr battle
- US experts reject murder theory in scientist's death
- Polish mine launches salt photo contest
- Thunder star Durant pledges $1mil for tornado relief
- Amazon plans greenhouse-style headquarters
- Injured Murray withdraws from French Open
- Ramy wins fiery battle of words and deeds
- Low Wee Wern fails to clear opening round again in British Open
- Teenager Addeen gets massive boost Down Under
- Hosts Malaysia make a tame exit at the hands of Germany
- Denmark not prepared to take on mighty China just yet
- Japanese upset Danes and Joo-bong is all smiles
- Dane loves to unwind with her Modern Family
- Tommy not afraid to play for country despite loss
- It’s the last $traw thanks to the BWF
- BAM: There will be no more sweeping under the carpet
- Cyclists give the thumbs up to world-class velodrome
- Australian Evans says Giro dream still alive
- Savinder Kaur is new middle distance queen after 1,500m victory
- Elena walks her way to a new record
- EPF invests more abroad, investment assets exceed half-a-trillion ringgit
- Bad behaviour spreads to oil market
- Suria Capital, SBC Corp in RM1.8b Sabah JV
- What is the Irish loophole behind iPhone maker Apple's low tax bill(update)
- Green Packet ready to sell some assets
- Dayang gets RM2bil Shell job
- What is integrated talent management?
- Petronas stocks, KLK drag KLCI into the red
- San Miguel keen to keep bank unit if CIMB walks away from RM905.55mil deal
- CIMB advances in early trade, Dayang in focus
- EPF invests more abroad, investment assets exceed half-a-trillion ringgit
- Samchem eyes Vietnam, to contribute 30% of group revenue
- Suria Capital, SBC Corp in RM1.8b Sabah JV
- What is the Irish loophole behind iPhone maker Apple's low tax bill(update)
- Green Packet ready to sell some assets
- Petronas Chemicals to decide on Gebeng plant by year-end
- CIMB Q1 profit advances 37%
- What is integrated talent management?
- Plantation player TSH sees breaching 50,000ha by year-end
- More dividends from Pacific & Orient


