Qantas Ends Aircraft Repair Venture Plans in Malaysia

Qantas Airways Ltd., the Australian carrier ordered by the government to improve aircraft maintenance, scrapped plans for a repair and overhaul venture with Malaysian Airline System Bhd.

"We aren’t pursuing further discussion," David Epstein, a spokesman for Sydney-based Qantas, said in a statement today.

Australia's Civil Aviation Safety Authority in September said Qantas must address deficiencies in meeting its own maintenance performance targets after a series of safety incidents. The scrapping of the Malaysian venture comes amid slumping travel demand, which has forced Qantas and rival Singapore Airlines Ltd. to cut capacity and ground planes.

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