Abu Dhabi-based private jet operator RoyalJet LLC has signed a conditional Heads of Agreement (HOA) with Malaysia’s Sapura Resources Berhad (SRB) for the potential acquisition of SRB’s aviation business at Subang International Airport.
This strategic move marks RoyalJet’s intent to establish a strong presence in the Southeast Asian private aviation market and expand its operations into the Asian region.
Subang International Airport as a regional hub
RoyalJet plans to designate Subang International Airport as its regional hub for private charters and for their maintenance, repair, and overhaul (MRO) business.
By doing so, it aims to capitalize on the airport’s favorable geographical location and leverage its existing infrastructure to cater to the growing demand for private aviation services in Southeast Asia.
This move aligns with RoyalJet’s goal of offering top-notch services and expanding its customer base in the region.
CEO’s Vision for Growth in Asia
Mohammed Husain Ahmed, the CEO of RoyalJet, has expressed great interest in the company’s growth prospects in Asia. He sees the ongoing discussions with SRB as a solid foundation for building a stronger presence in the region.
Ahmed emphasizes the potential opportunities that the acquisition of SRB’s aviation business presents for RoyalJet’s expansion plans in Asia.
He believes that this strategic move will enable the company to tap into new markets and cater to the evolving needs of discerning private aviation customers.
Rejuvenation of the private aviation industry
Both RoyalJet and SRB are optimistic about the proposed acquisition. They believe that it aligns perfectly with the current plans to rejuvenate the private aviation industry.
This strategic move not only benefits RoyalJet and SRB, but also contributes to the economic development of Selangor, particularly around Subang Airport.
The potential deal between RoyalJet and SRB has also garnered positive attention from industry experts and key figures. Dato’ Shahriman Shamsuddin highlights the excellent bilateral relations between the two countries and looks forward to the discussions with RoyalJet.
This collaboration is seen as a testament to the strong ties and mutual benefits that can arise from such partnerships.
Dato’ Iskandar Mizal Mahmood, the Managing Director of Malaysia Airports, underscores the importance of positioning Subang Airport as a premium city and regional airport. He also emphasizes the development of the general and business aviation sectors in Malaysia.
The presence of RoyalJet at Subang Airport is expected to create momentum and attract more international aviation players, contributing to the growth of the ecosystem.
YBrs. Puan Sharimahton Mat Saleh, the Deputy CEO of MATRADE, recognizes Subang Airport’s mature ecosystem as a regional MRO hub for general aviation.
The cooperation between international players and Malaysian MRO companies is set to enhance the exports of high-value services in the region. This collaboration will drive the growth of the aviation sector and open up new avenues for trade and investment.
About RoyalJet LLC
RoyalJet LLC is an Abu Dhabi-owned and operated private jet charter company that was founded in 2003.
It is a founding member of the Middle East Business Aviation Association (MEBAA) and is certified by the International Business Aviation Council (IBAC) and under the Wyvern Wingman program. Its FBO is also a member of the industry leading Air Elite Network.
With its headquarters in Abu Dhabi in the United Arab Emirates, it operates mainly from its Fixed Based Operations (FBO) VIP Terminal at Abu Dhabi International Airport.
The operator owns and/or operates 11 Boeing Business Jets and 3 Bombardier Global 5000/6000 aircraft.
Services offered are aircraft management, aircraft charter, aircraft leasing, medical evacuation flights, aircraft brokerage, flight support services, FBO services, aircraft maintenance, repair and CAMO services, aircraft acquisition and disposal services and VIP aviation consulting.