Since 2011, Airbus has been controlling 40% stake in SAE, reported The Star.

With the latest acquisition, SAE has become a fully owned subsidiary of Airbus, while Airbus will be able to strengthen its position in the Asia Pacific MRO market.

Airbus Services head Laurent Martinez said: “Since its creation in 2007, SAE has established a strong reputation in the MRO market for on-time and reliable service.

“Our ambition is for SAE to be a leading MRO in the region by becoming an innovation flagship for servicing Airbus commercial aircraft.”

Last month, SAE opened a second hangar to handle the increasing demand received from the Airbus A320 Family operators.

“Our ambition is for SAE to be a leading MRO in the region by becoming an innovation flagship for servicing Airbus commercial aircraft.”

The company currently has a total floor area of around 50,000m² dedicated to MRO activities.

SAE’s first hangar can accommodate up to six single-aisle aircraft or two widebody aircraft and the second hangar can handle two A320 aircraft at any given time.

The company’s hanger facilities are equipped with closed-door dedicated paint bay as well as workshops for the repair and overhaul of various aircraft components such as hydraulic and pneumatic systems.

The MRO facility also features an inventory of spare parts for Airbus single-aisle and wide-body aircraft for airlines that have selected the Airbus flight hour services (FHS) total support package.