No impact from tariffs for now: SIA Engineering
Airlines were already looking to diversify overseas maintenance bases before tariffs, says CEO Chin Yau Seng
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[SINGAPORE] There has been little to no impact from tariffs on SIA Engineering Company’s (SIAEC) operations for now, but these are still early days, said chief executive officer Chin Yau Seng in a briefing on Tuesday (May 13).
It has been just 42 days since the “Liberation Day” tariffs were launched and the company is monitoring the tariffs and their impact. SIAEC will be looking into the structure of contracts with the view of passing on the costs to its customers.
“We are monitoring the situation, I think no one really knows how all these things will finally play out in what form,” he said.
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