PETALING JAYA: Sapura Resources Bhd
’s wholly-owned subsidiary Sapura Aero Sdn Bhd has entered into a memorandum of understanding with Subang MRO Sdn Bhd to establish a joint venture (JV) to provide aircraft and other aviation-related services.
In a filing with Bursa Malaysia, Sapura Resources said the services include aircraft management, maintenance, repair and overhaul (MRO), ground handling and aircraft parking and hangarage.
“The formation of a JV company will result in the creation of an organisation that can evolve to be a key regional player offering a full suite of services for private jets,” it said.
They include aircraft management, ground handling and MRO.
The JV company would be better positioned to compete with the other big players in the market, it added.
