Aeronas Aerocraft Secures Orders From Hong Kong Worth RM357 Mln

SERDANG, June 26 (Bernama) -- Malaysian light aircraft manufacturer Aeronas Aerocraft Sdn Bhd has secured an order for 50 light aircraft worth US$85 million (RM357 million) from Hong Kong-based Consortium Wholechoice.

Managing director and acting chief executive officer, Raja Shazreen Petra Raja Azman Shah Petra said the company has received a confirmed order for 30 six-seater aircraft, comprising the MYPX5 MARK I and MYPX5 MARK II models.

“Meanwhile, the additional 20 aircraft is expected to be finalised by September.

"The first delivery, comprising 15 aircraft, is scheduled for phased delivery in the first and second quarters of 2027 to support Consortium Wholechoice's flight training school and aircraft leasing operations across Asia," he told reporters after the Aeronas press conference and document exchange ceremony here today.

Under the agreement, Aeronas has also appointed Wholechoice as the first regional distributor for Aeronas aircraft, paving the way for the Malaysian manufacturer to expand its presence into other Asia-Pacific markets.

Meanwhile, Aeronas vice-president of business development and finance, Suhaimi Halim said the company is currently engaged in discussions with several parties from Singapore, Hong Kong and China, aiming to secure more firm orders, mainly from aircraft traders and investment banks. 

“They will introduce their own aircraft leasing programme, offering it to their clients, most of whom are airlines and aircraft operators based outside Malaysia," he said, adding that 90 per cent of the company's order book comes from overseas.

He also said Aeronas aims to expand its domestic operations by establishing a full-scale manufacturing plant with an annual production capacity of up to 180 aircraft.

He added that the company has received several land offers from states, including Sabah, Selangor, Kedah and Pahang, to facilitate the development of the manufacturing facility.

-- BERNAMA