It announced the setting up of its new business unit.
SIA Engineering Company (SIAEC) is setting up a new business unit, the Engine Services Division (ESD), to grow its engine service business, the company announced.
ESD will focus on increasing value to its original equipment manufacturer (OEM) partners and airline customers, enhancing its integration in the engine maintenance and repair organisation value chain, and strengthening the company’s engine services ecosystem.
The new division will also develop and provide a comprehensive portfolio of engine-related value-added services, including engine maintenance, parts repair, storage and preservation, material management, on-wing services, and engine testing.
Moreover, ESD will invest in a facility to accommodate growing demand in engine quick turn maintenance, with its initial setup supporting maintenance work on engines announced in 2019.
“The consolidation of our engine-related services under one roof and the investment in a new engine facility will allow us to grow our suite of engine-related capabilities and enhance our ability to service our OEM partners and airline customers,” SIAEC CEO Ng Chin Hwee said.
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