SIAEC establishes line maintenance joint venture in Cambodia
It seeks to provide line maintenance solutions at the new Techo International Airport starting March 2025.
SIA Engineering Company Limited (SIAEC) and Cambodia Airport Investment Co. Ltd. (CAIC) has inked an agreement to form a line maintenance joint venture in Cambodia.
Under the joint venture, SIAEC would hold a 51% equity stake, whilst CAIC has 49%.
The joint venture would provide line maintenance services at the new Techo International Airport (TIA) in Phnom Penh. It would also expect to develop into a regional aircraft maintenance, repair, and overhaul hub inside the airport.
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The line maintenance joint venture would also complement SIAEC's existing network of Line Maintenance International stations.
"This joint venture, in partnership with CAIC, will provide comprehensive line maintenance support with a high level of despatch reliability and quality engineering services to the airlines operating in TIA. It will strengthen SIAEC's position as a leading line maintenance provider while offering high quality and efficient maintenance services to valued customers at more overseas locations," said Ng Chin Hwee, SIAEC CEO.
The line maintenance joint venture would begin operation in March 2025, in line with TIA's opening.