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SIA Engineering
Disruption and Digitalisation
SATS, SIA Engineering and Changi Airport Group to trial autonomous buses starting 3Q2024
The autonomous bus trail will be monitored by an on-board safety driver and conducted in two phases, notes the release.
July 17, 2024
Results
SIA Engineering reports full year earnings of $97.1 million, up 46.2% y-o-y
The company plans to pay a final dividend of 6 cents, bringing full year payout to 8 cents
May 10, 2024
Broker's Calls
UOBKH adds CLAS and SATS, drops RH Petrogas, SIA Engineering and FEHT from alpha picks
UOBKH’s alpha picks portfolio outpaced the STI in 4QFY2023 and the full year, gaining 2.2% and 8.7% on an equal-weighted basis.
January 04, 2024
Contracts
SIA Engineering expands regional base network with 15-year lease of hangars in Subang
The two hangars in Sultan Abdul Aziz Shah Airport will establish SIA Engineering's third base maintenance hub in the APAC region.
December 20, 2023
Insider moves
SIA Engineering maintains buybacks; Overseas Education CEO raises stake
Channel checks indicate that the maintenance, repair and overhaul market is becoming increasingly tight, says DBS
October 04, 2023
Aviation & Engineering
SIA Engineering announces contract with Hawaiian Airlines
SIA Engineering announces agreement to service Hawaiian Airlines' A321neo fleet of 18 aircraft into Year 2027.
June 22, 2023
Broker's Calls
UOB Kay Hian and DBS keep buy' call for SIA Engineering as operating performance improves
Excluding the impact of government grants, SIA Engineering’s operating performance improved significantly y-o-y by $55.6 million.
May 12, 2023
Results
SIA Engineering reports 2HFY2023 earnings of $33.9 million, down by a fifth
SIA Engineering is resuming its dividend payout with 5.5 cents per share declared
May 08, 2023
Broker's Calls
SIA Engineering's near-term profitability unlikely to return to pre-pandemic levels, CGS-CIMB maintains 'hold'
The analysts believe that SIAEC will continue to face labour issues in the medium-term.
April 12, 2023
New appointments
SIA Engineering appoints Chin Yau Seng as CEO designate
Chin will be succeeded by Marvin Tan, currently SIA’s senior vice president customer services and operations.
April 03, 2023