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Datuk Seri Abdullah Ahmad Badawi arrived here for the first leg of the Malaysian Global Roadshow aimed at selling Malaysia as an attractive investment destination to portfolio investors.
Subang Aviation Services Sdn Bhd, a subsidiary of the National Aerospace Defence Industries (Nadi) group, is planning to invest RM800mil over a period of two years to set up facilities to enter the aircraft maintenance, repair and overhaul (MRO) market for commercial aircraft.
AIRASIA Bhd has sealed a US$1.5bil on-point solution engine service agreement with General Electric Co (GE) of the United States for the maintenance, overhaul and repair of the 129 I>CFM56-5B/Iengines that will power the airline's new fleet of Airbus I>A320-200/Iaircraft. The agreement is for 20 years.
AIRASIA has joined hands with Hostelworld.com to offer GoHostel, an online reservation service that enables travellers to search and book hostels and budget accommodations at low prices.