Airbus SE takes full control of Sepang Aircraft Engineering
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Posted 12 October 2017 - 09:28 PM
KUALA LUMPUR (Oct 12): Airbus SE, formerly known as Airbus Group SE, has taken full control of maintenance, repair and overhaul (MRO) centre Sepang Aircraft Engineering Sdn Bhd (SAE), after acquiring the remaining 60% shares it didn't own in the company.
"With this acquisition, SAE becomes an integral part of the Airbus Customer Services network and is set to represent a key element of services by Airbus' growth strategy in the dynamic Asia Pacific market," it said in a statement today.
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