News
Malaysia Aviation Group buys Sepang Aircraft Engineering from Airbus
October 2nd 2026
Malaysia Aviation Group (MAG) announced it has signed a Sale and Purchase Agreement (SPA) with Airbus to acquire Sepang Aircraft Engineering (SAE), a wholly owned subsidiary of the Airbus Group. Read More » “The proposed acquisition marks a strategic milestone under MAG’s Long-Term Business Plan 3.0 (LTBP 3.0), supporting the Group’s strategy to strengthen its engineering and maintenance capabilities, expand its integrated aviation services portfolio and accelerate the growth of third-party revenue,” it added.
“As we execute LTBP 3.0, we remain focused on making disciplined investments in areas where we see a clear pathway to sustainable value creation. This means being deliberate about where we deploy capital and prioritizing opportunities that strengthen our core businesses, diversify revenue and support the Group’s long-term growth aspirations. The proposed acquisition reflects this approach. It builds on our established engineering and maintenance foundations, positioning MAG to capture opportunities in the growing MRO market and meet increasing third-party demand. SAE further complements MAB Engineering’s existing capabilities through its A320 expertise, dedicated paint hangar and specialized component repair services, while building on the strong technical, operational and quality foundations developed under Airbus’ stewardship. Together, these strengths will enable MAG to offer a broader suite of MRO solutions and better serve existing and new third-party customers across ASEAN and beyond. At the same time, we are leveraging Malaysia’s competitive cost-to-skill advantage and established engineering expertise to support the country’s accelerated ambition to become a leading regional aerospace hub - strengthening Malaysia’s position and driving the continued growth of the national aviation ecosystem,” Captain Nasaruddin A. Bakar, President and Group Chief Executive Officer of MAG, said.
