SIA Engineering Company
SIA Engineering Company (SIAEC) provides maintenance, repair and overhaul (MRO) of aircraft, engines and related components and offers the complete MRO suite of services.
See below for the Latest SIA Engineering Company News, Analysis, Profit Results, Share Price Information, and Commentary.
SIA Engineering posted higher H1 22/23 profit due to flight recovery
SIA Engineering posted higher H1 22/23 profit due to flight recovery
The firm recorded $32.5m net profit in the first half of 2022/2023.
SIA Engineering Company to provide aircraft services for new Malaysian budget airline
This includes engine spares on-site consignment and repair support services.
SIAEC inks deal to provide maintenance services to Hawaiian Airline until 2027
The mainboard-listed company will conduct maintenance checks for the airlines’ A330-300 fleet.
SIA Engineering achieves positive core profitability in Q1 FY23
Excluding government support, its core profitability reached $4.2m.
SIAEC-Boeing Singapore venture to cease operations in August
The venture was incorporated in Singapore in October 2015.
SIA Engineering FY23 net profit forecast trimmed by $10m
The revised forecast was made to reflect the company's "slightly faster manpower ramp-up."
SIA Engineering Company's group profit rises to $67.6m
The increase was driven by higher flight activities.
Clear skies ahead: Aviation sector to fully recover by FY25
The lifting of most travel restrictions will drive the sector to recovery, according to experts.
Flying high: SIAEC’s net profit projected to recover to $92m in FY23
The expected recovery is on the back of increasing flight activities at Changi Airport.
What could further lift SIA Engineering’s revenues in FY2022?
In Q3 FY22, SIAEC saw its revenues rise by 33.8% YoY.
Safran Electronics & Defense Services Asia expands scope of repairs
The move was done in anticipation of traffic recovery in Singapore.
SIAEC-backed JADE joins forces with Singapore Polytechnic to build 1st APAC-based fire testing aviation lab
The lab is expected to be completed in 2025.
SIA Engineering forms component services division
The new division aimed to help with maintenance, repair, and overhaul.
SIAEC, Rolls-Royce ink 10-year line maintenance and in-field services agreement
The new deal also extends SIAEC’s existing on-wing care services with Rolls-Royce.
SIA Engineering signs 10-year engine test agreement with Safran
This includes the upgrade to the latest data acquisition and control system.
SIA Engineering Company promotes Png Kim Chiang to CEO
He will succeed William Tan Seng Koon when the latter retires on 1 April 2015.
SIA Engineering Company names Tong Chong Heong as director
His expertise and extensive experience in business and engineering operations will augment the core competencies of the board and help in setting directions for the company.
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