SIA Engineering

SIA Engineering opens base maintenance facility in Subang; sees ‘strong potential’ in Malaysian aerospace sector

The two-hangar facility will supplement hangars in Singapore and the Philippines to support MRO works

SIA Engineering CEO Chin Yau Seng says the set-up cost for the group's wholly owned Subang subsidiary in Malaysia has peaked.

SIA Engineering expects ‘moderate’ impact from Middle East war – for now

Base maintenance demand is ‘still strong’, with the group getting more enquiries about slot availability

SIA Engineering posted a 20.9% year-on-year increase in net profit to S$85.6 million for the six months ended Mar 31.
HOT STOCK

SIA Engineering closes 3.1% higher on improved H2 earnings, higher dividend

Its board recommended a final dividend of S$0.085 a share, up from S$0.07 a share a year earlier

SIAEC's rise in revenue in FY2026 comes as a result of higher labour rates and flight volumes.

SIA Engineering raises dividend as ‘robust’ demand drives H2 earnings up 20.9%

The Middle East conflict has, however, introduced supply chain disruptions and inflationary pressures

DBS says it remains broadly negative on the airline sector, as margins are likely to remain under pressure through 2027 given the magnitude and persistence of the fuel shock.
BROKERS’ TAKE

Market ‘underestimating’ fuel impact on aviation sector: DBS

The brokerage provides its pecking order for Singapore aviation stocks

Lim Sim Seng, 67, is also the non-executive and independent director of Raffles Medical Group in Singapore, IOI Properties Group in Malaysia and Trust Capital Group in Japan.

Lim Sim Seng appointed as deputy chairman of SIA Engineering

He will also be a member of the nominating, compensation and human resources, and executive committees

SIA Engineering, the engineering arm of national carrier Singapore Airlines, will join the STI reserve list on Mar 23.

CapitaLand Ascott Trust to be replaced by SIA Engineering on STI reserve list

There are no changes to the blue-chip barometer’s 30 constituents

SIAEC on Thursday reported a net profit of S$41.9 million for the third quarter.
BROKERS’ TAKE

OCBC upgrades SIAEC to ‘buy’ as other analysts weigh expansion costs impact

Target prices hover around S$4 as analysts balance robust joint-venture profits against heavy startup costs for new hangars

SIAEC noted that demand for its maintenance, repair and overhaul services remained steady as flight handling volumes across its line maintenance network grew.

SIA Engineering Q3 net profit rises 9.7% to S$41.9 million on steady MRO demand

Revenue is up 8.7% at S$353.1 million, while expenditure rises 8.4% to S$347.1 million

The maintenance repair and overhaul site can cater to aircraft types such as the Boeing 787.

Safran-SIAEC joint venture breaks ground on S$22 million facility expansion

The expanded site means Singapore will become Safran’s largest maintenance site for aircraft landing gear on several aircraft types