Datuk Shahriman Shamsuddin (left) and Mohammed Husain Ahmed, CEO of RoyalJet (right), at the signing ceremony
KUALA LUMPUR: Sapura Resources Bhd
has inked a conditional heads of agreement with RoyalJet LLC for the potential acquisition of the the former's aviation business at Subang International Airport.
In a statement, Sapura Resources said RoyalJet, a private aviation firm based in Abu Dhabi, intends to establish a presence in the Southeast Asian private aviation market, by designating Subang International Airport as its regional hub for private charters and for their maintenance, repair, and overhaul (MRO) business.
It said both companies believe the proposed acquisition of Sapura Resources’ aviation arm by RoyalJet is in tandem with the current plans to rejuvenate the private aviation industry, which would directly benefit Selangor’s economic development around Subang airport.
“With support of the excellent bilateral relations of the two countries, we look forward on the discussions with RoyalJet,” said Sapura Resources managing director Datuk Shahriman Shamsuddin.
Meanwhile, Malaysia Airports managing director Datuk Iskandar Mizal Mahmood says this potential deal between Royal Jet and SRB complements the efforts to rejuvenate Subang Airport
"Our focus is to position Subang Airport as a premium city and regional airport, as well as further develop the general and business aviation sectors in Malaysia.
"The presence of Royal Jet in Subang Airport will create momentum in attracting more international aviation players into the ecosystem,” he said.
