KUALA LUMPUR: Malaysia Airlines Bhd, an anchor company under the vendor development programme, targets to save about 15% in expenditure for non-critical parts and components within the airline. “An additional benefit of sourcing locally would be that Malaysia Airlines would be able to decrease its exposure to foreign exchange (forex) volatility, ” it said in a statement. Malaysia Airlines said it would start with the engineering and maintenance and AeroDarat services. There will be five initial pilot projects for the VDP programme within Malaysia Airlines, mainly in sourcing additive manufacturing, carpets, seat upholstery, aircraft cleaning materials and chemicals. Malaysia Airlines group chief operations officer, Ahmad Luqman Mohd Azmi said: “Malaysia Airlines is already an important economic enabler for the country.

Source: The Star November 14, 2019 03:17 UTC