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SIAEC braces for slow, difficult recovery in battered aviation industry

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SIAEC's core business is dependent on flying hours and aircraft maintenance cycles. Changi Airport had reported that the number of scheduled flights for April 2020 was 96 per cent lower than originally scheduled.

Singapore

GIVEN the unprecedented scale of the curbs in international air travel, SIA Engineering Company (SIAEC) expects any form of recovery to be a challenge. In a post-results call on Monday, the aircraft maintenance, repair and overhaul (MRO) company said the biggest hurdle ahead...

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