The new base is part of the hub’s regeneration scheme, aiming to boost its position within the region
The first maintenance, repair and overhaul (MRO) facility capable of handling the full lifecycle of aviation assets in South East Asia is to be established a Subang Airport, in partnership with Malaysia Airports and management firm, Dviation Group of Companies.
As well as offering MRO amenities, the site is also set to provide aircraft teardown, material recycling and parts trading.
The project is part of Subang’s regeneration plan, which aims to enhance Malaysia’s competitive landscape by creating relationships with recognised aviation solution providers within the region.
It is expected that the new facility will strengthen the airport’s position as a major MRO hub.
“Based on the latest report by the world’s largest aerospace and aviation company, Boeing, APAC is expecting the highest aircraft deliveries at 41% of total deliveries globally in the next 20 years,” explained Randhill Singh, Head of KLIA Aeropolis at Malaysia Airports. That makes out to be approximately 17,500 of aircraft deliveries that include narrow body, wide body, regional jets and freighters.”
“The aftermarket services market size for Asia Pacific, on the other hand, is also expected to capture the largest market share at 40% of the total globally. We are seizing the opportunity and fully committed in growing the aerospace and aviation industry for the country.”
Kevin Teoh, Dviation Group’s managing director, commented on how the new partnership works towards a more sustainable future.
He said: “With an estimated 12,000 aircraft retiring in the next two decades, and a significant portion of this being aircraft based in Asia-Pacific, we believe that setting up a dedicated teardown facility fits well within our portfolio and at the same time, serves as an ideal platform for the aviation community in this region to help reduce environmental footprint.”
Dviation aims to deliver technical training and manpower solutions, in turn strengthening the aerospace ecosystem, which is hoped to then increase the skill of labour within the sector.
In addition, the organisation specialises in technical training, fleet management, aviation consultancy and aircraft services. With headquarters located in Malaysia and Switzerland, the company’s presence spans across Asia, Europe and the Middle East.