RoyalJet eyes Sapura Resources’ aviation business

Datuk Shahriman Shamsuddin (left) and Mohammed Husain Ahmed, CEO of RoyalJet (right), at the signing ceremony.

KUALA LUMPUR: Sapura Resources Bhd has inked a conditional heads of agreement with RoyalJet LLC for the potential acquisition of the the former’s aviation business at Subang International Airport.

In a statement, Sapura Resources said RoyalJet, a private aviation firm based in Abu Dhabi, intends to establish a presence in the South-East Asian private aviation market, by designating Subang International Airport as its regional hub for private charters and for their maintenance, repair, and overhaul business.