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SIA Engineering taking flight with its partners

Samantha Chiew
Samantha Chiew7/4/2017 11:14 AM GMT+08  • 2 min read
SIA Engineering taking flight with its partners
SINGAPORE (July 4): OCBC Investment Research is maintaining its “hold” recommendation on SIA Engineering Company (SIAEC) with a fair value of $3.75.
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SINGAPORE (July 4): OCBC Investment Research is maintaining its “hold” recommendation on SIA Engineering Company (SIAEC) with a fair value of $3.75.

This comes after its joint venture (JV) with Pratt & Whitney (P&W) was selected as a maintenance, repair and overhaul (MRO) facility while SIAEC has also set up a new JV with GE Aviation (GE).

Eagle Services Asia (ESA) – a JV between SIAEC and P&W (Pratt & Whitney) – has been selected as an MRO facility in Singapore for P&W’s PW1100G-JM PurePower Geared Turbofan (GTF) engines, which is one of the two engine options that powers the A320neo aircraft family.

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