SIAEC Renews SIA Cargo Agreement
SIA Engineering (SIAEC) has renewed its agreement to supply services to Singapore Airlines Cargo’s fleet for another three years from January 2017.
The contract, which covers several MRO services, includes an option to renew for another three years with a further period of two years.
Over the potential eight-year term, the agreement is expected to produce revenues of up to $250 million.
SIAEC’s CEO, Png Kim Chiang, said: “SIAEC and SIA Cargo have a strong and mutually beneficial relationship built over many years. We have worked closely with SIA Cargo to uphold its engineering excellence and optimise its operating efficiencies.”