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SIA Engineering embarks on three-pronged approach to capture growth

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Tay Peck Gek

Tay Peck Gek

Published Mon, Nov 20, 2023 · 05:00 AM
    • Chin Yau Seng took over the helm of SIA Engineering in October, crossing over from Singapore Airlines' cargo division.
    • Chin says that South-east Asia will be SIA Engineering’s prime focus, so as to be a “very strong player in this part of the world”. 
    • Chin Yau Seng took over the helm of SIA Engineering in October, crossing over from Singapore Airlines' cargo division. PHOTO: CHERYL ONG, BT
    • Chin says that South-east Asia will be SIA Engineering’s prime focus, so as to be a “very strong player in this part of the world”.  PHOTO: CHERYL ONG, BT

    SIA Engineering is looking to three areas for expansion and building capabilities – its core business, joint ventures (JVs) as well as mergers and acquisitions (M&As) – even as it copes with the upcoming full recovery at Changi and captures opportunities from airlines racing to reinstate their flights. 

    Chin Yau Seng, chief executive officer, said: “Obviously, each of those three components (core business, JVs and M&As) will occupy different degrees of our bandwidth and time on the management side.  

    “In today’s world, you cannot do things sequentially, there are many things that have to be done in parallel, because the opportunities don’t come knocking twice.”

    ToplineSIA Engineering

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