The recently concluded Selangor Aviation Show 2022 managed to secure more than 8,000 visitors and successfully recorded RM 1.06 billion in potential transaction value.
This inaugural event assembled a total of 62 exhibitors from 5 countries representing the world’s best aerospace and aviation industries, displaying their exhibits either on the tarmac or in the exhibition booth at the venue. The total number of static aircraft displayed was 30, almost double last year’s SAS 2021.
13 Memorandums of Understanding on various aerospace industry sub-sector collaborations were signed during SAS2022, amog them were Menteri Besar Selangor (Incorporated) and + 10 Aerospace Companies (Aerodyne Group, Asia AeroTechnic Sdn. Bhd, GE Engine Services Malaysia Sdn. Bhd, HICOM-Teck See Manufacturing Sdn. Bhd, Sapura Industrial Berhad, Smartlink Engineering Sdn. Bhd, Spirit AeroSystems Malaysia Sdn. Bhd, T7 AeroTech Sdn. Bhd, UMW Aerospace Sdn. Bhd,UPECA AeroTech Sdn. Bhd)
The agreements signed cover various collaborations such as research and development for the aerospace industry, dual license & Air Transport Pilot training, a one-stop MRO center for drones, and maintenance of ‘amphibious’ aircraft.
Green aviation technology company Volar Air Mobility Ltd, which inked the biggest MOU at the SAS worth RM675.1 million (USD150 million), aims to introduce the first green air taxi service in Malaysia within two years. Volar collaborates with Selangor Aviation & Technology Innovation (Selati) to promote green aviation in Malaysia.
As a joint undertaking, Volar and Selati will establish the Institute for the Development of Electric Aviation Malaysia, a think tank to promote and support the development of green aviation.
Meanwhile, the strategic collaboration signed between Delta Aerospace Sdn Bhd (Delta) and Aeronautique Design & Service Bureau SA (ADSB) concluded the investment deal valued at RM166.7 million (EUR 37.5 million) for the Joint-Venture, which will result in ADSB having equity in Delta Aerospace Sdn Bhd.
