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SIA Engineering Company Renews $197 Million Service Agreement With SilkAir
Daily Bulletin | 29 June 2015
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SIA Engineering Company (SIAEC) has renewed its service agreement, worth $197 million, with SilkAir.

The new five-year agreement, which includes a one-year extension option, covers a broad spectrum of maintenance, repair and overhaul (MRO) and fleet management services for SilkAir’s fleet of A319/A320 aircraft.

This new agreement reaffirms the strong synergy and excellent relationship with SilkAir.

SilkAir added that the level of services provided by SIAEC has been up to expectations and the renewal of this agreement endorses the good service and support rendered over the past few years.

SIA Engineering Co  -- -- --   
Business: A leading aircraft maintenance, repair and overhaul (MRO) company providing total maintenance solutions to a client base of international airlines. [FY18 Turnover] Airframe and Line Maintenance (97.5%), Engine and Component (2.5%).

Insight: May-19, FY19 revenue was 6.8% lower at $1b largely... Read More


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