SIAEC To Lease Two Hangars At Malaysia’s Subang Airport
SINGAPORE—Singapore Airlines Engineering Company (SIAEC) plans to lease two hangars at Kuala Lumpur’s Sultan Abdul Aziz Shah Airport, better known as Subang Airport.
An agreement made with Impeccable Vintage Properties Sdn Bh (IVP) will see SIAEC leasing two hangars for 15 years with an option for 15 more. SIAEC and IVP first entered a non-binding memorandum of understanding in April 2022.
Each hangar can accommodate two widebody aircraft or three narrowbody aircraft, allowing SIAEC to increase its MRO capacity.
IVP CEO Fuad Sharuji said the investment is in line with the Selangor Aerospace Action Plan 2020-2030, the Malaysian Aerospace Industry Blueprint 2030, and the Twelfth Malaysia Plan and will benefit the local MRO industry as well as contribute to the Technical and Vocational Education and Training (TVET) program.
Malaysia is in the process of rejuvenating Subang Airport into the capital’s city airport, allowing commercial jet airliners to return to the airport. SKS Airways was among the first carriers to commit to flying its new Embraer E195-E2 from Subang.