SIAEC aims to rev up bottom line contribution from engine services

ENGINE services currently make only a modest contribution to the operating performance of SIA Engineering Company (SIAEC). But the mainboard-listed maintenance, repair and overhaul (MRO) services to the aviation sector is eyeing expansion in this space in the post-pandemic recovery.

It also hopes to win business from the regional markets, and is keeping some powder dry for potential acquisitions.

In March, SIA Engineering had created a new division to consolidate, develop and grow its engine services business. This division seeks to provide services such as engine maintenance, parts repair, storage and preservation, material management, on-wing services and engine testing.