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SIA Engineering eyes opportunities from Air India’s major aircraft orders

‘Watch this space,’ says SIA Engineering CEO Chin Yau Seng, about potential opportunities of working with Air India

 Tay Peck Gek
Published Mon, May 13, 2024 · 04:36 PM
    • SIA Engineering delivered an 11.5 per cent rise in earnings year on year to S$37.8 million for the second half of FY2024 to March, driven by robust aviation maintenance, repair and overhaul demand.
    • SIA Engineering delivered an 11.5 per cent rise in earnings year on year to S$37.8 million for the second half of FY2024 to March, driven by robust aviation maintenance, repair and overhaul demand. PHOTO: BT FILE

    SIA Engineering is looking at tapping opportunities that arise from the transformation of Air India, which placed orders for 470 aircraft in 2023.

    At the financial results briefing of SIA Engineering on Monday (May 13), Air India was mentioned several times as it appeared that the carrier owned by Indian conglomerate Tata Group could feature increasingly on the radar of the MRO (maintenance, repair and overhaul) subsidiary of Singapore Airlines (SIA) .

    Already, on Saturday, SIA Engineering was appointed to be Air India’s strategic partner to develop base maintenance facilities in Bangalore, India. SIA Engineering is the exclusive partner to help Air India with designing and conceptualising the outfit.

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