Singapore's SIA Engineering inks $857 million deal with Singapore Airlines

March 29, 2023 09:10 PM AEDT | By Reuters
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(Reuters) - Singapore's aircraft maintenance services provider SIA Engineering on Wednesday inked a fresh services deal with flag carrier Singapore Airlines for the provision of maintaining and managing fleet support services.

SIA Engineering expects the deal, which supersedes the previous agreement it entered with Singapore Airlines in April 2019, to earn S$1.14 billion ($857.92 million) revenue over its three-year term.

($1 = 1.3288 Singapore dollars)

(Reporting by Roushni Nair in Bengaluru; Editing by Krishna Chandra Eluri)


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