SIAEC Archives

Eaton and SIA Engineering Company incorporate joint venture © SIAEC

SIA Engineering and Eaton establish joint venture in Malaysia

Mainboard-listed SIA Engineering Company (SIAEC) and Eaton have formed a joint venture (JV) company, Eaton Aerospace Component Services Asia Sdn Bhd, in Malaysia. SIAEC holds a 49% equity stake in the company, while Eaton holds the remaining 51%. This development follows SIAEC’s and Eaton’s announcement on July 11, 2023 (Singapore time) regarding the signing of […]

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SIAEC has been chosen by Air India as a strategic partner

SIAEC appointed strategic partner by Air India for base maintenance facilities development

MRO & Production

SIA Engineering Company (SIAEC) has been appointed by Air India as the strategic partner for base maintenance (BM) facility development in Bangalore, India. In collaboration with Air India, SIAEC will oversee the planning, construction and operationalisation of Air India’s BM facilities in Bangalore. Expected to be operational by 2026, these facilities will include wide-body and

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The Airbus A220 is powered by PW1500G engines

SIAEC to exit PW1500G engine risk-revenue sharing programme

MRO & Production

SIA Engineering Company (SIAEC) has entered into an agreement with Pratt and Whitney (P&W) to exit from the PW1500G engine risk-revenue sharing programme (RRSP) that was held through its wholly-owned subsidiary, NexGen Network (2) Holding (NGN2). This programme was previously known as the CSeries aircraft engine programme. NGN2 invested in the RRSP in 2010 and

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SIAEC will provide component support coverage for Air India Group’s current fleet of Airbus A320-family aircraft

SIAEC secures component programme with Air India

MRO & Production

Mainboard-listed SIA Engineering Company (SIAEC) has announced the signing of an inventory technical management (ITM) agreement with Air India Group. Under this 12-year agreement, SIAEC will provide extensive component support coverage for Air India Group’s current fleet of Airbus A320-family aircraft. Besides access to its inventory pool, SIAEC (together with its subsidiaries and joint venture

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SIAEC completes acquisition of 49% share capital of PAES

Financial

Further to the announcement dated February 13, 2020, SIA Engineering Company Limited (SIAEC) has released that SIAEC’s acquisition of 49% of the share capital of PAES was completed on August 10, 2023. The consideration for SIAEC’s acquisition of the 49% stake from Pos Aviation Sdn Bhd (PASB) was MYR4 million in cash. This was arrived

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SIA Engineering and Eaton establish joint venture in Malaysia

SIAEC appointed strategic partner by Air India for base maintenance facilities development

SIAEC to exit PW1500G engine risk-revenue sharing programme

SIAEC secures component programme with Air India

SIAEC completes acquisition of 49% share capital of PAES

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