SIA Engineering Company (SIAEC) has announced a new unit to grow its engine services business, as the company aims to be one of the world’s leading MRO providers.
All engine-related services performed by SIAEC will be consolidated and developed under the new engine services division (ESD), which will be the “lead business channel” for the company’s joint ventures in Singapore.
It will develop and provide value-added services, including engine maintenance, parts repair, storage and preservation, material management, on-wing services and engine testing.
Also read: B737-800 conversions pick up as lessors bank on potential
As part of this initiative, the new division will invest in a facility to accommodate growing demand in engine quick turn maintenance, and in line with a 10-year agreement with Safran Aircraft Engines in December 2019 to support maintenance work on the LEAP-1A and LEAP-1B engines developed by CFM International, a 50/50 joint company between GE and Safran Aircraft Engines.
The LEAP-1A is one of two engine options for the Airbus A320neo family, whilst the LEAP-1B is the exclusive engine for the Boeing 737 MAX. SIA Group subsidiary Scoot operates the A320 in its fleet, whilst SilkAir operates the 737 Max.
SIAEC added that the development of this new facility is part its transformation programme to adopt LEAN methodology for operations processes and digital tools, such as digital job cards and digital production board.
Ng Chin Hwee, SIAEC chief executive, commented: “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.
“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.”
“These developments will position us to be first off the block in a business upturn and enhance our standing as one of the world’s leading MRO providers,” he added.