What's Happening?
Sky Kingdom, a Bangkok-based company, is expanding its reach in the aviation services sector and planning to enter aircraft manufacturing. The company offers a range of services including parts trading, repair management, and leasing, and is now investing in the production of small aircraft in Thailand. This expansion is supported by their recent ASA 100 certification, which recognizes their quality management systems. Sky Kingdom's growth strategy includes developing single- and twin-engine aircraft, with prototype testing already underway.
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Why It's Important?
Sky Kingdom's expansion into aircraft manufacturing could significantly impact the aerospace supply chain in Southeast Asia, positioning Thailand as a key player in the industry. This move may attract more investment and create job opportunities in the region. For airlines and operators, Sky Kingdom's comprehensive service offerings provide cost-effective solutions, potentially enhancing operational efficiency and compliance. The company's focus on quality and innovation could set new standards in the aviation services market.
