Mainboard-listed SIA Engineering Company Limited (“SIAEC”) and Stratasys Ltd, a global leader in applied additive solutions, have signed a Joint Venture Agreement to establish an additive manufacturing service centre to provide 3D printed parts for use in commercial aviation. This follows the Memorandum of Understanding signed and announced on 5 April 2017. Under the agreement, SIAEC will have a 60 percent equity stake in the joint venture, with Stratasys holding the remaining 40 … [Read more...] about SIA Engineering company and Stratasys to form joint venture
Png Kim Chiang
SIA Engineering and Air India Engineering collaborate to provide MRO Services in India
SIA Engineering Company Limited (SIAEC) and Air India Engineering Services Limited, (AIESL) a wholly-owned subsidiary of Air India Limited providing maintenance, repair and overhaul (MRO) services, entered into a non-binding Memorandum of Understanding (MOU) to establish a business collaboration to offer MRO services in India. Pursuant to the MOU, SIAEC and AIESL will collaborate to offer line maintenance and ancillary services at various airports in India as well as engineering … [Read more...] about SIA Engineering and Air India Engineering collaborate to provide MRO Services in India
SIA Engineering Company and GE Aviation form joint venture
SIA Engineering Company Limited (“SIAEC”) and GE Aviation (“GE”) have agreed to establish a new engine overhaul joint venture based in Singapore. The joint venture will provide a full range of engine maintenance, repair and overhaul (MRO) services for the GE90 and GE9X engines. The GE90 engine exclusively powers the Boeing 777-300ER and 777-200LR, and the GE9X engine is the sole engine selection for the Boeing 777X aircraft. The formation of the joint venture, where GE will have a … [Read more...] about SIA Engineering Company and GE Aviation form joint venture