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SIA Engineering Company









SIA Engineering Company


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SIA Engineering Company
Type
 Public
Traded as
SGX: S59
Industry
MRO services for international airlines
Founded 1992 (formed from the Engineering Division of SIA)[1]
Headquarters 31 Airline Road Singapore 819831
Key people
 Stephen Lee Ching Yen (Chairman)
Png Kim Chiang (CEO)
Revenue
DecreaseS$1104.1 million (FY 2016/17)
Operating income
DecreaseS$72.0 million (FY 2016/17)
Net income
IncreaseS$332.4 million (FY 2016/17)
Number of employees
Increase 6,330 (FY 2016/17)
Parent Singapore Airlines Group
Website www.SIAEC.com.sg

SIA Engineering Company Limited (commonly abbreviated as SIAEC) (SGX: S59) is a Singaporean company, specialising in aircraft maintenance, repair and overhaul (MRO) services in the Asia-Pacific and is part of the Singapore Airlines Group. The Company has a client base of more than 80 international carriers and aerospace equipment manufacturers. It provides line maintenance services at Singapore Changi Airport for more than 50 international carriers, as well as airframe and component overhaul on some of the most advanced and widely used commercial aircraft in the world.




Contents






  • 1 Joint Ventures


  • 2 Subsidiaries


  • 3 See also


  • 4 References


  • 5 External links





Joint Ventures[edit]


SIA Engineering is involved in twenty-six joint ventures with original equipment manufacturers and airlines in Singapore, Ireland, Taiwan, Indonesia, United States of America and the Philippines increase the depth and breadth of the company's comprehensive service offerings. The combined revenue of the Group's joint ventures is approximately S$2,000 million in FY2003/04, with 77% coming from non-Singapore Airlines (SIA) customers. Taking into account SIA Engineering Company's equity holding in its joint ventures, non-SIA customers contributed approximately 41% of SIA Engineering Group's business.


International Engine Component Overhaul Pte Ltd (IECO) is a 50/50 joint venture between Rolls-Royce plc and SIA Engineering Company (SIAEC). Formed in March 1997, IECO's core business is the repair and overhaul of the Rolls-Royce Trent and RB211 Nozzle Guide Vanes and Compressor Stators using state-of-the-art technology.


Singapore Aero Engine Services Private Limited (SAESL) is asd Rolls-Royce's Asia-Pacific centre for the maintenance and repair of Trent aircraft engines. Singapore Aero Engine Services began operations in 2002. It is a joint venture between SIA Engineering Company, Rolls-Royce, Hong Kong Aero Engine Services Limited.[2] The company repairs, maintains and overhauls Rolls-Royce Trent aircraft engines.


Aerospace Component Engineering Services Pte Ltd is a joint venture between Parker Aerospace (49.0%) and SIA Engineering Company (51.0%).



Subsidiaries[edit]



  • Aviation Partnership Philippines (51%)

  • SIAEC Global (86.6%)

  • SIAEC Services (86.6%)

  • SIA Engineering (Philippines) Corporation (65%)

  • Singapore Jamco (56.3%)

  • SIA Engineering (USA) (100%)



See also[edit]


  • Singapore Airlines


References[edit]





  1. ^ "SIAEC History". SIAEC. Archived from the original on 3 August 2008. Retrieved 16 September 2010..mw-parser-output cite.citation{font-style:inherit}.mw-parser-output q{quotes:"""""""'""'"}.mw-parser-output code.cs1-code{color:inherit;background:inherit;border:inherit;padding:inherit}.mw-parser-output .cs1-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/6/65/Lock-green.svg/9px-Lock-green.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-lock-limited a,.mw-parser-output .cs1-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/d/d6/Lock-gray-alt-2.svg/9px-Lock-gray-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/a/aa/Lock-red-alt-2.svg/9px-Lock-red-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration{color:#555}.mw-parser-output .cs1-subscription span,.mw-parser-output .cs1-registration span{border-bottom:1px dotted;cursor:help}.mw-parser-output .cs1-hidden-error{display:none;font-size:100%}.mw-parser-output .cs1-visible-error{font-size:100%}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration,.mw-parser-output .cs1-format{font-size:95%}.mw-parser-output .cs1-kern-left,.mw-parser-output .cs1-kern-wl-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right,.mw-parser-output .cs1-kern-wl-right{padding-right:0.2em}


  2. ^ SIA Engineering Company Archived 2007-09-29 at the Wayback Machine.




External links[edit]



  • SIA Engineering Company official website

  • Singapore Airlines official website

  • International Engine Component Overhaul official Pte Ltd website

  • Singapore Aero Engine Services Official Pte Ltd website












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