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.

 

Eaton and SIAEC unveils new logo for its joint venture

The company will be fully operational within the next 18 months.

SIA Engineering Company brings home SBR Technology Excellence Awards 2024 for eLITE platform

The company scaled up its Lean initiatives, advanced digitalisation and technology adoption to boost competitiveness.

SIAEC expands services agreement with Scoot

The agreement will span 58 months with an option for a 24-month extension.

SIAEC, Air India Group ink inventory technical management agreement 

The 12-year deal offers Air India extensive Airbus A320 fleet support.

SIAEC posts higher net profit of $26.9m in 3Q23/24

The 3Q23/24 record is an improvement of $14.1m year-on-year.

SIAEC unit inks 15-year lease for two hangars in Subang, Malaysia

The hangars have a combined capacity of six simultaneous aircraft checks.

Chin Yau Seng begins duty as SIAEC CEO

In April, Chin was appointed as CEO-designate of the company.

SIA Engineering net profit more than doubles to $27m in Q1 FY23-24

It posted its first quarter of operating profit since the pandemic.

SIAEC, Eaton form maintenance, repair and overhaul JV in Malaysia

Forty-nine per cent of the JV’s shares will be held by SIAEC.

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 rolls out improvement journey programme to boost work culture

It was driven by the business enhancement from Transformation Phase 2.

SIAEC’s net profit dips 1.2% YoY to $66.4m in FY22/23

Despite the decline, the company proposed a final dividend of $0.55.

SIA Engineering appoints new CEO

Chin Yau Seng will take on the role as he steps down as SIA Senior VP for Cargo.