Malaysia Airlines says to buy Transmile engineering unit
By : KUALA LUMPUR, Aug 19 (Reuters) - National carrier Malaysia Airline (MASM.KL) said on Wednesday its
Date posted :2009-08-19 05:39:00
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 (MAE), 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 (LHAG.DE), Saudi Arabian Airlines, Jet Airways (JET.BO) and Delta Air Lines Inc DAL.
(Reporting by Julie Goh; Editing by Niluksi Koswanage)
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