SIA Engineering Co Ltd (SIAEC), a subsidiary of Singapore Airlines Ltd, is an aircraft service provider that offers maintenance, repair and overhaul services. The company’s services include airframe maintenance and overhaul, line maintenance and technical handling, component maintenance and overhaul, fleet management program, engine overhaul, passenger to freighter conversion, cabin modifications, training academy and aircraft painting. SIAEC fleet management services comprise engineering or technical-related services, quality-related services, publication management and planning. The company offers component overhaul and repair services for Airbus and Boeing aircraft fleets. It operates in Australia, the US, Hong Kong, Indonesia, the Philippines and Vietnam, among others. SIAEC is headquartered in Singapore.
Headquarters
Singapore
Address
31 Airline Road, Singapore, 819831
Website
www.siaec.com.sg
Telephone
65 6 5416794
No of Employees
5,476
Industry
Aerospace and Defense
Ticker Symbol & Exchange
S59 (SIN)
Revenue (2023)
$577.5M
40.6%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-1.8%
(2023 vs 2022)
Market Cap*
$1.9B
Net Profit Margin (2023)
XYZ
-30.2%
(2023 vs 2022)
* As of and is in US$
SIA Engineering Co Ltd premium industry data and analytics
Products and Services
| Services |
|---|
| Airframe Maintenance and Overhaul |
| Line Maintenance and Technical Handling |
| Component Maintenance and Overhaul |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Divestiture | In February, the company divested its 60% stake in Additive Flight Solutions. |
| 2024 | Contracts/Agreements | In February, the company secured an agreement with Air India for component support for the airline's A320 family aircraft. |
| 2023 | Acquisitions/Mergers/Takeovers | In October, the company completed the acquisition of an additional 10% stake in Jamco Aero Design & Engineering Private Limited from JAMCO Corporation. |
Competitor Comparison
| Key Parameters | SIA Engineering Co Ltd | Singapore Technologies Engineering Ltd | Singapore Post Ltd | A-Sonic Aerospace Ltd | Aviation Camo Pte Ltd |
|---|---|---|---|---|---|
| Headquarters | Singapore | Singapore | Singapore | Singapore | Singapore |
| City | Singapore | Singapore | Singapore | Singapore | - |
| No. of Employees | 5,476 | 23,420 | 1,900 | 720 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Tang Kin Fei | Chairman | Executive Board | 2017 | 72 |
| Ng Lay Pheng | Chief Financial Officer; Senior Vice President - Finance | Senior Management | 2022 | - |
| Foo Kean Shuh | Chief Sustainability Officer; Executive Vice President - Operations | Senior Management | 2022 | - |
| David So Man Fung | Senior Vice President - Corporate Planning and Continuous Improvement | Senior Management | - | - |
| Chua Hock Hai | Senior Vice President - Human Resources | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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