KUALA LUMPUR: Aviation training firm APFT Bhd is looking into the possibility of offering chartered flight services to further increase the profit of its aviation segment, said its executive chairman Datuk Faruk Othman.
After having diversified into the oil and gas sector with the acquisition of a 51 per cent stake in PT Technic (M) Sdn Bhd earlier this year, the company is now considering offering related aviation businesses to contribute to the company’s overall revenue.
Speaking after the signing ceremony between APFT Maintenance Training and Lufthansa Technical Training, here, yesterday, Faruk expressed confidence of good demand for the aviation training programme, which should be able to lift APFT’s revenue from its aviation side by as much as 30 per cent.
The collaboration between APFT Maintenance Training and Lufthansa Technical Training aims to train a minimum of 400 students for a period of five years from January next year.
“We believe this agreement with Lufthansa Technical Training will benefit not only the students but also the aviation industry in Malaysia as well as the region,” he said.