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SIAEC forms engine overhaul JV with GE Aviation
They will provide MRO services for GE90 and GE9X engines.
SIA Engineering Company (SIAEC) and GE Aviation have agreed to establish a new engine overhaul joint venture based in Singapore.
The joint venture will provide a full range of engine maintenance, repair and overhaul (MRO) services for the GE90 and GE9X engines. The GE90 engine exclusively powers the Boeing 777-300 ER and 777-200LR, and the GE9X engine is the sole engine selection for the Boeing 777X aircraft.
This partnership, which is expected to have benefits to and beyond the SIA Group, is made possible by Singapore Airlines' announcement in February 2017 of a letter of intent for 39 Boeing widebody aircraft valued at $13.8 billion, which includes 20 777-9s powered by GE9X engines. SIA is also a major operator of GE90-powered 777-300ERs.
Based in Singapore to handle SIA Group as well as third party MRO work, the joint venture will also present opportunities for Singapore, in terms of job creation, training and additional service offerings at the Singapore hub.
SIAEC CEO Png Kim Chiang said, “SIAEC is delighted to join hands with GE in setting up a world-class facility in Singapore to provide reliable and high quality services for the latest-generation of GE engines. This partnership with GE, which is a significant strategic move for SIAEC, adds to our growing portfolio of joint ventures with the world’s leading aircraft and engine manufacturers.”
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