Malaysia’s aerospace industry is expected to record robust growth this year, with revenue projected to increase by up to 25% from RM25.1 billion in 2024, according to Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
Speaking at a Malaysia Aerospace Industry Association (MAIA) event, Tengku Zafrul highlighted the nation’s continued progress in strengthening its position within the global aerospace landscape. Malaysia has already secured RM1.5 billion in approved investments this year and recorded aerospace exports totalling RM8.17 billion—figures he said underscore rising international confidence in Malaysia’s technical capabilities, resilience, and skilled workforce.
“Our 30,000-strong aerospace workforce continues to excel across the value chain, from aircraft structure manufacturing and engine components to avionics, maintenance, repair and overhaul (MRO), and systems integration,” Tengku Zafrul said. “These milestones are made possible by the collaborative efforts between the government, academia, and industry leaders working in synergy to elevate Malaysia’s aerospace sector.”
Tengku Zafrul also highlighted recent commitments from major Malaysian carriers, signalling strong momentum in fleet modernisation and strategic expansion. Malaysia Airlines has doubled its order of Airbus A330neo aircraft, exercising options for an additional 20 units and raising its total commitment to 40 aircraft.
Meanwhile, AirAsia has inked an agreement to acquire 50 Airbus A321XLR aircraft, with an option for 20 more. These long-range, fuel-efficient aircraft are expected to support the airline’s ambition to penetrate long-haul, low-cost markets, particularly in Europe and North America.
“These fleet expansion strategies are more than just investments in hardware,” he said. “They reflect broader confidence in Malaysia’s growing role as a regional hub for MRO services, parts supply, and aerospace talent.”
-FMT
