SIAEC Divests Engine-Blade MRO Stake

PW4000 engine
Credit: Pratt & Whitney
SINGAPORE—Owing to poor demand, Singapore Airlines Engineering Company (SIAEC) has divested all of its 39.2% stake in Asian Surface Technologies (AST), a company that repairs and overhauls Pratt & Whitney PW4000 series engine fan blades. SIAEC said in a stock announcement that the 39.2% was sold to...

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