SIA Engineering Unveils Engine Services Division
Singapore-based SIA Engineering Company (SIAEC) has established a new engine MRO division initially providing quick turn shop visits and light maintenance services for CFM LEAP-1A and -1B engine.
Operating as Engine Services Division, SIAEC says the new business will focus on increasing value to its OEM partners and airline customers, enhancing its integration in the engine MRO value chain and strengthening SIAEC’s engine services eco-system.
All existing engine-related services performed by SIAEC will be consolidated under the new engine unit. It plans to develop engine-related services including engine maintenance, parts repair, storage and preservation, material management, on-wing services and engine testing.
SIAEC also plans to invest in a new facility in Singapore for the engine business in a bid to add further capacity. Set for a January 2022 opening, this location will initially service CFM LEAP engines, in line with the maintenance services agreement with Safran Aircraft Engines announced in December 2019. The facility will initially be manned by around 100 staff, but could grow with any possible capability and capacity expansions.
“Notwithstanding the current disruption to the airline industry, a recovery in global air travel will create greater demand for quick turn maintenance and shorter engine turnaround, particularly those on narrow-body aircraft,” says Ng Chin Hwee, SIAEC CEO.
“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.”
Aviation Week's Fleet & MRO Forecast projects a $2.2 billion aftermarket for the LEAP engine family in Asia-Pacific from this year through to 2030.