Aerospace industry to rebound next year


International Trade and Industry (Miti) Minister Datuk Seri Azmin Ali (pic) said the recovery will be expedited if the industry can further expand its air cargo services, business aviation, maintenance, repair and operation (MRO) as well as professional training services.

PETALING JAYA: The Malaysian aerospace industry will be able to rebound and regain pre-pandemic revenue levels by as early as next year, if the country can continue capturing new work packages that positively impact the entire ecosystem through product localisation.

International Trade and Industry (Miti) Minister Datuk Seri Azmin Ali (pic) said the recovery will be expedited if the industry can further expand its air cargo services, business aviation, maintenance, repair and operation (MRO) as well as professional training services.

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