Singapore Airshow, Singapore, Feb 16, 2012 - ( JCN Newswire ) - Mainboard-listed SIA Engineering Company Limited (SIAEC) today announced the signing of an agreement with Messier-BugattiDowty to appoint SIAEC as its Authorised Repair Centre (ARC). SIAEC will provide maintenance, repair and overhaul (MRO) services for Messier-Bugatti-Dowty wheels and brakes.
Messier-Bugatti-Dowty, a division of the SAFRAN Group, is a world-leading original equipment manufacturer (OEM) in aircraft landing and braking systems. The new agreement taps on the synergy and expertise between an OEM and an MRO Company. This will further enhance services to airlines fitted with Messier-BugattiDowty wheels and brakes in the region.
The new Messier-Bugatti-Dowty ARC status further strengthens the close cooperation between SIAEC and the SAFRAN Group. In 2011, SIAEC signed an agreement with Aircelle, a subsidiary of SAFRAN, for the repair, overhaul and service of Aircelle engine nacelles.
SIAEC has partnerships in two joint ventures with units under the SAFRAN Group - the first with Messier Services on landing gear systems, and the second with SAFRAN Electronics Asia on avionics components.
The transaction is not expected to have a material impact on SIAEC's financial performance in FY2011/12. None of the Directors or executive officers of SIAEC has any interest, direct or indirect, in the transaction.
About SIA Engineering Company
SIA Engineering Company (SIAEC) is a major provider of aircraft maintenance, repair, and overhaul (MRO) services in the Asia-Pacific. The Company has a client base of more than 80 international carriers and aerospace equipment manufacturers. It provides line maintenance services at more 20 airports in 7 countries, as well as airframe and component services on some of the most advanced and widely used commercial aircraft in the world.
Apart from offering a comprehensive spectrum of MRO services to airlines, SIAEC has established itself as one of the world's largest fleet management service providers. 25 ventures with original equipment manufacturers and strategic partners in Singapore, Australia, Hong Kong, Indonesia, Ireland, Philippines, United States, Taiwan and Vietnam increase the depth and breadth of the Company's service offerings. SIAEC has approvals from 25 national aviation regulatory authorities to provide MRO services for aircraft registered in the U.S., Europe and Japan, among others.
For more information, please visit http://www.siaec.com.sg.
Contact:
Chia Peck Yong
Senior Manager Public Affairs
SIA Engineering Company Limited
Tel: +65-6541-5134
Fax: +65-6546-0679
Mobile: +65-9863-0982
E-mail: peckyong_chia@singaporeair.com.sg
About Singapore Airshow
Singapore Airshow, a marketplace and networking powerhouse for the world's aviation community, is a must-attend event in the global aerospace and defence calendar. Organised and managed by Experia Events, the biennial event is also a platform for high-level conferences dedicated to leading players in the global aviation industry with the Singapore Airshow Aviation Leadership Summit (SAALS) as well as co-located events - the A*STAR Aerospace Technology Leadership Forum and the Singapore Aerospace Technology and Engineering Conference (SATEC). For more information, visit www.singaporeairshow.com.
About Experia Events Pte Ltd
Experia Events specialises in organising and managing exhibitions and conferences of strategic interest, fostering industry development and thought leadership. It has built a strong portfolio in aerospace and defence with the highly successful Singapore Airshow, Asia's largest and one of the most important aerospace and defence exhibitions in the world, and IMDEX Asia, the premier international maritime defence exhibition in Asia, and Rotorcraft Asia, the premier dedicated event for the global civil helicopter industry. Its expertise also extends to the government and lifestyle sectors, through key events such as the Singapore International Water Week and World Cities Summit. With a proven track record underscoring its aspirations to stage events that influence, Experia Events aims to diversify its range of strategic events globally. For more information, visit www.experiaevents.com.
Source: SIA Engineering (XSES: SIAE) (XSES: SIE) (XETR: O3H) (OOTC: SEGSF) (XSES: S59)
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