SIA Engineering Company (SIAEC)

Aviation & Engineering

Slow first quarter for Singapore air transport sector: PhillipCapital

PhillipCapital keeps “underweight” rating on Singapore’s air transport sector amid slower quarter.
 DBS Group Research keeps ‘buy’ call on SIAEC with normalisation of APAC air traffi - THE EDGE SINGAPORE

Broker's Calls

DBS keeps ‘buy’ call on SIAEC with normalisation of APAC air traffic

DBS Group Research keeps 'buy' call and target price unchanged on SIAEC as APAC air traffic resumes.

Contracts

SIA Engineering Company expands Scoot services agreement to new Embraer E190-E2 fleet

The additional scope is estimated to generate a revenue of $52 million.
SIAEC secures 12-year component programme with Air India  - THE EDGE SINGAPORE

Aviation & Engineering

SIAEC secures 12-year component programme with Air India

SIAEC will provide extensive component support coverage for Air India’s current fleet of Airbus A320 family aircraft.

Broker's Calls

Analysts overall optimistic on SIAEC, but wary of challenges

In spite of the continued global recovery of flight activities, SIAEC continues to face its share of challenges, observe analysts.

Company in the news

SIA Engineering divests entire 60% shareholding in joint venture for US$90,000

Additive Flight Solutions has ceased to be a subsidiary of SIAEC as of Feb 8.

Broker's Calls

UOB Kay Hian keeps ‘market weight’ on aviation sector, cites Chinese visitor arrival driven-growth

Although the Singapore-China visa-free arrangement could spur the return of Chinese tourists to Singapore it will take time.

Aviation & Engineering

SIA Engineering Company signs MOU with Xiamen Iport Group to explore MRO opportunities in China

No definitive or binding agreements have been entered into with SIA Engineering Company yet.

Aviation & Engineering

SIA Engineering Co signs JV with NYSE-listed Eaton

The initial share capital in the JV will be US$16 mil, of which SIAEC holds a 49% stake in.
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