SIA Engineering Company (SIAEC) has signed a 10-year agreement with Rolls-Royce to provide line maintenance and in-field services for Rolls-Royce Trent 7000, 1000, 900, 800, 700, 500 and XWB engines.
In an announcement, SIAEC said it will provide in-field services at its facilities for Rolls-Royce customers in Singapore including Singapore Airlines, supported by solutions through its global line maintenance network.
The new agreement is an extension of SIAEC’s existing on-wing care services with Rolls-Royce, covering On-Wing Support, Borescope Inspections, Engine Changes and Engine Build-Up services for the Rolls-Royce Trent 1000, 900, 800 and 700 engines. It will be expanded to include new capabilities for the Trent 7000 and Trent XWB engines.
These new capabilities will strengthen the scope of SIAEC’s engine services in support of its original equipment manufacturer (OEM) partners and airline customers, the company said.
SIAEC CEO Ng Chin Hwee said the agreement represents the continued growth of its engine maintenance, repair and overhaul (MRO) services under its Engine Services Division which was set up earlier this year.
“We will continue our focus on bringing enhanced service value to our OEM partners and airline customers in engine MRO services,” said Ng.
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The transaction is not expected to have a material impact on the earnings per share or the net tangible assets per share of the SIAEC Group for the financial year ending March 31.
SIAEC shares closed 2 cents lower or 0.9% down at $2.18 on Jan 18.
Photo: SIAEC