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SIA Engineering Company Limited


The increasing border entry restrictions in many countries to contain the global spread of Covid-19 has resulted in the unprecedented collapse in demand for air travel and impact on the global economy. In view of the massive flight cuts by airline customers and the increasingly difficult business environment, SIA Engineering Company Limited (SIAEC) is stepping …

Mainboard-listed SIA Engineering Company Limited (“SIAEC”) announced that it has entered into a joint venture agreement with Air Innovation Korea Co., Ltd(“AIK”), to form a line maintenance joint venture based in the Republic of Korea (the “Joint Venture”). Under the agreement, SIAEC will hold an equity stake of 51% in the Joint Venture, with AIK …