SIA clinches regulator’s nod for Airbus training facility JV
It has poured $20m into the firm.
The national carrier revealed that it has clinched regulatory approvals for its proposed joint venture with Airbus.
Under the JV, SIA and Airbus will perform civil aviation flight training for Airbus aircraft types.
SIA has invested around $20m (US$14.85m) in the company, which is now considered an associated company of the SIA Group.