Airbus to study feasibility of assembly line in Labu

AirAsia boss Tony Fernandes speaks during a press conference in Sepang, on the outskirts of Kuala Lumpur on July 19, 2018.Malaysian budget airline AirAsia announced a 30 billion order for 100 Airbus A330neo long-haul planes on July 19 as it sets its sights on European routes. / AFP PHOTO / Mohd RASFAN

SEREMBAN: Airbus SE has agreed in principle to conduct a feasibility study for an investment to build a final assembly line (FAL) in Negri Sembilan.

State investment, industrialisation, entrepreneurship, education and human capital committee chairman Mohamad Rafie Abd Malek said this was agreed upon during talks between AirAsia Group Bhd and Airbus, the budget carrier’s largest customer of the aircraft model.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Next In Business News

CPO futures likely to undergo technical correction next week Premium
Econpile issues termination notice to Gabungan Strategik Premium
Intel's US$20bil Ohio factory could become world's largest chip plant Premium
Shrunken US oil inventories point to chronic under-supply Premium
Royal Dutch no more - Shell officially changes name Premium
Oil price slides, but climbs for 5th week on supply concerns Premium
GLOBAL MARKETS-Bond yields tumble as Netflix fuels stock market sell-off Premium
Rising interest rate fallout unlikely Premium
Policy normalisation can lend support to ringgit Premium
Short Position - Green bond, O&G funding, Going the EV way Premium

Others Also Read