SIA Engineering invests in Pratt & Whitney PurePower PW1000G engine

SIA Engineering Company (SIAEC) has signed a definitive agreement to participate in Pratt & Whitney’s PurePower PW1000G engine Risk-Revenue Sharing Program (RRSP). SIAEC will participate in the PW1000G engine RRSP with a 3% stake in the Bombardier CSeries engine RRSP and a 1% stake in the Mitsubishi Regional Jet engine RRSP. As part of the agreement, Pratt & Whitney will designate Eagle Services Asia (ESA), a joint venture between SIAEC and P&W, as the first engine center in the global RRSP MRO network for the PW1500G engine, the PurePower variant that will power the Bombardier CSeries aircraft.