Dviation Group to set up MRO facility in Subang Airport - MIDA | Malaysian Investment Development Authority
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Dviation Group to set up MRO facility in Subang Airport

Dviation Group to set up MRO facility in Subang Airport

25 May 2021

The Dviation Group is setting up its first Southeast Asian first maintenance, repair and overhaul (MRO) facility in Subang Airport, which is capable to handle the full life cycle of aviation assets.

Malaysia Airports Holdings Bhd (MAHB) said it had partnered with Dviation to facilitate the establishment of the new facility.

MAHB said the collaboration was built upon the foundation of Dviation’s expertise in technical training and manpower solutions in aviation, and other related approved trainings. 

The airport operator said the new facility would offer end-to-end aftermarket services including MRO, aircraft teardown, aircraft material recycling and parts trading. 

This will strengthen Subang Airports’ position as a preferred MRO hub in the region as it has the potential to capture a significant part of the US$3.6 trillion aftermarket services market share in Asia Pacific (APAC) in the next 20 years.

The Dviation Group is a homegrown specialised aviation solutions provider, offering comprehensive and bespoke solutions covering the life cycle of aviation assets from acquisition, through to end-of-life. 

Its core business units specialise in providing aviation consultancy, technical training, manpower solutions, fleet technical management and aircraft maintenance services. 

Headquartered in Selangor and Zug in Switzerland, Dviation’s presence spans across Asia, Europe and the Middle East. 

MAHB said Dviation was poised to be one of the fastest-growing aviation solution providers in the SME category, making it an ideal partner of choice.

Dviation group managing director Kevin Teoh said it particularly had taken an interest in championing environmental sustainability in the aviation industry. 

“Hence, this ambition of MAHB to promote the country as Asia Pacific’s hub for MRO and aerospace ecosystem is especially timely with our growth plans for aircraft teardown and recycling activities” he said in a statement today.

Teoh said a significant portion of an estimated 12,000 aircraft retiring in the next two decades would likely be based in Asia Pacific.

“We believe by setting up a dedicated teardown facility fits well within our portfolio and at the same time, serves as an ideal platform for the aviation community in this region to help reduce environmental footprint,” he added.

MAHB is embarking on the Subang Airport Regeneration plan to elevate Malaysia’s competitive landscape by building partnerships with internationally recognised Malaysian-based aviation solution providers. 

MAHB’s KLIA Aeropolis head Randhill Singh said Asia Pacific was expected to have the highest aircraft deliveries at 41 per cent of total deliveries globally in the next 20 years.

According to Boeing’s latest report, about 17,500 of aircraft deliveries would consist of narrow body, wide body, regional jets and freighters. 

It added that the aftermarket services market size for Asia Pacific was expected to capture the largest market share at 40 per cent of the total globally. 

“We are seizing the opportunity and fully committed in growing the aerospace and aviation industry for the country. 

“Our Subang Airport Regeneration initiative will ensure the presence of a holistic and future fit ecosystem to serve the APAC market,” Randhill said.

He said an estimated 85 per cent to 95 per cent of the aircraft’s weight could be recycled after having serviced around 20-25 years.

“This multidisciplinary process that involves different aspects of economics of aircraft and improvement of environmental performance presents new opportunities here in Malaysia,” he added.

Source: NST