AirAsia sets up MRO unit to boost revenue 


KUALA LUMPUR: AirAsia Bhd has restructured the group's engineering units across its operating airlines into a centralised maintenance, repair and overhaul (MRO) subsidiary - Asia Digital Engineering Sdn Bhd (ADE).

The company told Bursa Malaysia today that it has appointed Mahesh Kumar Jaya Kumar, the group's head of fleet & technical asset management, as chief executive officer of ADE.

"ADE has successfully obtained the Aircraft Maintenance Organisation (AMO) approval from the Civil Aviation Authority of Malaysia (CAAM) to start its operation with effect from Sept 9," AirAsia said.

As a independent wholly owned subsidiary, ADE will target business from AirAsia’s group airlines and other carriers in the region.

It will focus on key services such as line maintenance, workshop, engineering support, component and warehouse as well as digital and innovation.

"ADE will embark on the Industry 4.0 digital transformation journey, embracing the future by leveraging on the latest technologies in automation, big data analytics, predictive maintenance, machine learning and artificial intelligence to effectively reduce maintenance costs and increase productivity and efficiency while maintaining a high level of safety, quality and airworthiness of the fleet," AirAsia said.

"ADE will be an avenue to earn additional income which will contribute to the overall increase in revenue for AirAsia," it added.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 18
Cxense type: free
User access status: 3

AirAsia , MRO , Asia Digital Engineering

   

Did you find this article insightful?

Yes
No

75% readers found this article insightful

Next In Business News

CPO futures trading to remain range bound next week
Advisory panel unanimously recommends FDA authorize Johnson & Johnson COVID-19 vaccine
GameStop rally fizzles; shares still register 151% weekly gain
NYSE begins move to delist Chinese state oil producer CNOOC
Oil price drops on US$ strength and OPEC+ supply expectations
GLOBAL MARKETS-Globals stock slide on inflation fears
AMMB says it has enough capital to absorb 1MDB global settlement�
A five-year high for FGV Holdings
AMMB to pay RM2.83bil to the government
IHH to take proactive measures

Stories You'll Enjoy


Vouchers