Malaysia News

Gathering with French Aerospace Industry Players

Aerospace Industry On Track to Meet RM18bil Revenue Target

KUALA LUMPUR (Oct 10): Malaysia needs both speed and scale to accelerate sustainable manufacturing practices and proactively develop the country’s aerospace industry, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

Capital A Bhd has inked three memoranda of understanding (MOUs) to partner long-time rival PT Garuda Indonesia (Persero) Tbk in both parties’ commercial airline, cargo as well as maintenance, repair and overhaul (MRO) businesses.

Capital A Berhad (CAPI.KL), parent of Malaysian budget airline AirAsia, expects to see the carrier’s operations returning to pre-pandemic levels by December, Capital A CEO Tony Fernandes told Reuters on Monday.