SIA Engineering Group
SIA Engineering Co Ltd provides airframe and component overhaul services, line maintenance and technical ground handling services. The Company also manufactures aircraft cabin equipment, refurbishes aircraft galleys, repairs and overhauls hydromechanical aircraft equipment.
See below for the Latest SIA Engineering Co Ltd News, Analysis, Profit Results, Share Price Information, and Commentary.
SIA Engineering's net profit soars 30.7% YoY to $97.1m in FY23/24
SIA Engineering's net profit soars 30.7% YoY to $97.1m in FY23/24
Increased demand for MRO propelled the increase.
SIAEC, Thales partner to explore business opportunities in Asia-Pacific
The companies will look into collaborating in areas such as component maintenance, repair, and overhaul.
SIA Engineering net profit dips to $12.8m in Q3FY2223
The figure is $20.4m lower year-on-year.
China’s steps to reopen will uplift some Singapore-listed stocks
The Chinese government is looking to slowly ease its travel restrictions.
SIA Engineering profits fly to $33.2m in Q3 2021/2022
The flight volume at 31% of pre-pandemic was still considered encouraging.
SIAEC flights handled up 84% YoY in H1 FY21/22
This was 25% of the pre-pandemic level figure.
SIAEC divests entire 39.2% shares in JV for aircraft parts repair
SIAEC’S stake is pegged at $3.79m (US$ 2.79m).
SIA Engineering signs airframe maintenance agreement with Hawaiian Airlines
This covers the maintenance services expansion for its Airbus A330-200 fleet.
Market update: STI up 0.63%
CapitaLandInvest, SATS, and SIA showed the most growth.
SIA Engineering sets up Lean Academy to upskill workforce
Lean Academcy aims to re-skill, upskill, and develop the workforce' capabilities to enhance competitiveness.
Market Update: STI Down 0.61%
CityDev, Singtel, and SIA lead with the most growth today.
SIA Engineering profit climbs 35% to $14.5m in Q1
This was supported by grants extended by the government, such as the Jobs Support Scheme.
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