Aerospace industry to regain pre-pandemic revenue levels as early as next year, says Azmin

KUALA LUMPUR (April 22): The aerospace industry is expected to rebound and regain its pre-pandemic revenue levels as early as next year, said Senior Minister cum International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali.

He said this is achievable if Malaysia continues to capture new work packages with a positive impact on the whole ecosystem through product localisation.

“The recovery will be expedited if the industry can further expand its air cargo services, business aviation, maintenance, repair and overhaul (MRO), as well as professional training services,” he said in his keynote address at the Airbus Malaysia Connect Webinar here today.Read more