Spirit AeroSystems Holdings Inc.

05/25/2023 | Press release | Distributed by Public on 05/25/2023 14:35

Spirit AeroSystems finalizes MRO services contract with MAB Engineering

WICHITA, Kan. - May 25, 2023 - Spirit AeroSystems today announced a partnership agreement with MAB Engineering Services Sdn Bhd (MAB Engineering) to provide maintenance, repair and overhaul (MRO) services for nacelle and flight control surfaces to Malaysia Airlines and other operators at Kuala Lumpur International Airport, Sepang, Malaysia.

From left, Mr. Eke Rahim, Chief Operating Officer of MAB Engineering Services, Mr. Mohd Nadziruddin Mohd Basri, Chief Executive Officer, Aviation Services - Malaysia Aviation Group Berhad and Kailash Krishnaswamy, Senior Vice President of Aftermarket Services for Spirit AeroSystems sign an agreement for MAB Engineering Services Sdn Bhd (MAB Engineering) to provide maintenance, repair and overhaul (MRO) services for nacelle and flight control surfaces to Malaysia Airlines and other operators at Kuala Lumpur International Airport, Sepang, Malaysia, during the Langkawi International Maritime and Aerospace Exhibition in Langkawi, Malaysia, on May 25.

The agreement finalizes a Memorandum of Understanding the companies had announced during the 2022 MRO Asia-Pacific in Singapore.

"Over the last 10 plus years, Spirit has supported the Malaysian Aerospace industry, while benefiting from its hospitality and talent. With this partnership, we will grow our production focused Operations in Kuala Lumpur to also include MRO. The scale and technical capability of MAB Engineering will allow us to offer best-value, high-quality services to the rapidly growing Asia-Pacific market," said Kailash Krishnaswamy, Senior Vice President of Aftermarket Services for Spirit. "We continue to execute our growth strategy of offering local services to global customers."

MAB Engineering is a wholly owned entity of the Malaysia Aviation Group (MAG) and operates 11 production lines at Subang Airport and at Kuala Lumpur International Airport, providing MRO services for narrowbody and widebody aircraft. MAB Engineering currently holds 21 regulatory certifications covering Malaysia, Europe, the United States, among others.

"We are delighted that MAB Engineering has been appointed as an Authorised Repair Centre by Spirit AeroSystems, allowing us to perform Nacelle and Flight Control Surfaces repairs and services under agreed-upon terms and conditions. This will further strengthen our in-house MRO capabilities to provide services to our global customers, while ensuring we maintain the highest levels of quality and safety," said Mohd Nadziruddin Mohd Basri, Chief Executive Officer of Aviation Services for MAG.

Spirit AeroSystems Aftermarket Solutions, which has grown at over 20% in recent years, has 10 wholly owned, joint venture or authorized repair centers around the world in United States of America, Northern Ireland, Morocco, Jordan, India, China and Taiwan. In addition, Spirit has partnered with ST Engineering to serve select countries in the Middle East region.

Spirit AeroSystems, Inc. ("Spirit"), is a subsidiary of Spirit AeroSystems Holdings, Inc. [NYSE: SPR].

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Media: Forrest Gossett
(316) 523-5197
[email protected]

Investor Relations: Ryan Avey
(316) 523-7040
[email protected]

About Spirit AeroSystems Inc.

Spirit AeroSystems is one of the world's largest manufacturers of aerostructures for commercial airplanes, defense platforms, and business/regional jets. With expertise in aluminum and advanced composite manufacturing solutions, the company's core products include fuselages, integrated wings and wing components, pylons, and nacelles. We are leveraging decades of design and manufacturing expertise to be the most innovative and reliable supplier of military aerostructures, and specialty high-temperature materials, enabling warfighters to execute complex, critical missions.Spirit also serves the aftermarket for commercial and business/regional jets. Headquartered in Wichita, Kansas, Spirit has facilities in the U.S., U.K., France, Malaysia and Morocco. More information is available at www.spiritaero.com.

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