PHNOM PENH (The Phnom Penh Post/Asia News Network): Budget airlines AirAsia’s parent Capital A and its Cambodian partner Sivilai Asia are establishing a maintenance, repair and operations (MRO) business in Cambodia via their wholly-owned subsidiary Asia Digital Engineering (ADE), a project which is “increasingly important to Capital A’s commercial aviation strategy in the coming years”.
According to US-based Aviation Week Network publication, which quoted Capital A’s filing with Malaysia’s stock exchange on Sept 20, ADE would hold a 60 per cent stake in the joint MRO business with the remaining 40 per cent held by Sivilai Asia.
