MH says to buy Transmile engineering unit

[Tamizi Hj Tamby 1]

Malaysia Airlines says to buy Transmile engineering unit

 

Reuters - Thursday, August 20

 

KUALA LUMPUR, Aug 19 - National carrier Malaysia Airline said on Wednesday its aircraft maintenance unit plans to buy Transmile's engineering unit to achieve a revenue target of 500 million Malaysian ringgit this year.

 

The plan involves the purchase of Transmile's base maintenance and engineering capabilities including 2 hangars, equipment, and employment of its skilled manpower.

 

Malaysian Aerospace Engineering Sdn Bhd , a unit of Malaysia Airline, will also provide heavy maintenance services to Transmile's fleet of 16 freighter aircraft, it said in a statement.

 

It did not provide any financial details for the transaction.

 

MAE currently services more than 80 customer airlines including Air Atlanta, Lufthansa , Saudi Arabian Airlines, Jet Airways and Delta Air Lines Inc .

 

Since when MAE servicing DL aircraft? during the DL 752 visit to KUL recently?

[KK Lee 5]

More likely a deal to bail out Transmile.

 

[Pieter C. 5]

Malaysia Air To Buy Transmile Engineering Unit

 

August 19, 2009

 

National carrier Malaysia Airlines said on Wednesday its aircraft maintenance unit plans to buy Transmile's engineering unit to achieve a revenue target of MYR500 million ringgit (USD$140.9 million) this year.

 

The plan involves the purchase of Transmile's base maintenance and engineering capabilities including 2 hangars, equipment, and employment of its skilled manpower.

 

Malaysian Aerospace Engineering (MAE), a unit of Malaysia Airlines, will also provide heavy maintenance services to Transmile's fleet of 16 freighter aircraft, it said in a statement.

 

It did not provide any financial details for the transaction.

 

MAE currently services more than 80 customer airlines including Air Atlanta, Lufthansa, Saudi Arabian Airlines, Jet Airways and Delta Air Lines.

 

(Reuters)

 

They still have 16 aircraft ???

[Tamizi Hj Tamby 1]

16 aircraft?

 

Let's see..From Wikipedia,they have 8 B727F and 4 MD-11F in their fleet,that's mean 12.So,where's the remaining 4?

Definately an reporting error.

[Mohd Suhaimi Fariz 2]

16 aircraft?

 

Let's see..From Wikipedia,they have 8 B727F and 4 MD-11F in their fleet,that's mean 12.So,where's the remaining 4?

Definately an reporting error.

 

Well Wikipedia is well known for its inaccuracies, so it might be WIKIPEDIA that's wrong.

[Raj 0]

16 aircraft?

 

Let's see..From Wikipedia,they have 8 B727F and 4 MD-11F in their fleet,that's mean 12.So,where's the remaining 4?

Definately an reporting error.

 

Tarmizi, they also have a couple of 732's. Two currently parked in subang and one is flying for megantara.

Edited August 20, 2009 by Raj

[Sung 0]

they have few 732 under conversion to freighter

[Pieter C. 5]

Do the K-mile 727's count too ?

[Tamizi Hj Tamby 1]

Thanks for the correction on the info,guys.

 

Hmm,i wonder if the K-Mile aircraft counted too.

[Raj 0]

they have few 732 under conversion to freighter

 

Sung,

care to elaborate more on that?

[togepy yeong 0]

From Transmile website

 

The 16 aircrafts.

Freighter fleet now comprises of four MD11, nine B727 and three B737 aircraft.

[E Faizal 0]

My friend at Transmile should be happy with this news. Anyway, he said even all the MD-11 is grounded, business so far is ok using aging 727 and 737..

[BC Tam 2]

My friend at Transmile should be happy with this news. Anyway, he said even all the MD-11 is grounded, business so far is ok using aging 727 and 737..

Your friend is probably one of those eternal optimists who is able to spot a rainbow from the thick of a storm

to him/her

Any idea who is paying for lease/loan repayments for those MD-11's ?