SIA Engineering Company inks $1.4b services deal with SIA
SIAEC will provide MRO and fleet management support services to SIA’s fleet.
SIA Engineering Company (SIAEC) inked a comprehensive services agreement with Singapore Airlines (SIA) that is expected to yield labour revenue of $1.3-1.4b over the four-year term.
The new agreement is for a term of two years, with an option to renew for a further period of two years. SIAEC’s support of the SIA’s fleet covers a broad spectrum of maintenance, repair and overhaul (MRO) and fleet management support services.
This has also superseded the previous services agreement entered into with SIA in April 2015.