
SIA Engineering to get 60% more aircraft on order
For the Trent engines.
According to Maybank Kim Eng, SIA is bent on getting 60% more aircraft on order to use Trent engines at SIA group. SIA recently announced that it would order 30 more Airbus A350-900s and 30 Boeing 787-10Xs.
Apart from the 30 orders for A350-900s, SIA also agreed to options for 20 more A350-900s that could be converted into orders for the larger A350-1000s.
Here's more from Maybank Kim Eng:
SIA subsequently selected the Trent 1000 engine for all the B787s on order, while the Trent XWB is currently the only engine option for the A350s series of aircraft.
Our analysis of the updated fleet and orders for the SIA group shows that there are 60% more aircraft on order that would be utilising the Trent series of engines, implying a huge amount of maintenance work in future for SAESL, a key JV of SIAEC.