Southeast Asian aerospace takes off on back of budget carriers

Malaysia and Singapore lead the pack in parts production, with others close behind

20191212 malyasia factory

Working on a part for jet engines at a UMW Aerospace plant in Selangor, Malaysia. (Photo courtesy of UMW Aerospace)

JUN ENDO, Nikkei staff writer

MANILA -- Southeast Asia is building a reputation as a producer of aircraft components, parlaying jet demand from the region's low-cost carriers.

The region as a whole made the rough equivalent of $14 billion in aircraft parts and related services in 2018, fast approaching Japan's $16.7 billion or so. It is expected to become an even bigger player as global supply chains shift toward the region.

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