10 July 2014
Boeing (NYSE: BA) said it is enhancing its support to customers in Southeast Asia through a joint venture in Singapore with SIA Engineering Company (SGX: SIAEC).
Boeing and SIAEC signed an agreement TODAY to form Boeing Asia Pacific Aviation Services, which will provide industry-leading engineering, spare parts, and repair and maintenance services for Boeing airplanes.
Boeing has signed contracts for maintenance and engineering services to cover Scoot´s fleet of 20 787 Dreamliners currently on order and Singapore Airlines´ fleet of 27 777-300ERs. Services for Scoot and Singapore Airlines will be provided through the new venture, which combines Boeing engineering management with repair and maintenance services from SIAEC.
More than 50 airlines worldwide covering approximately 1,700 airplanes have signed long-term agreements with Boeing for a suite of customizable service offerings that include engineering, materials and maintenance solutions. This suite of services provides airlines with predictable maintenance costs, managed to measurable performance standards.
Boeing Commercial Aviation Services is a division of Boeing Commercial Airplanes.
SIA Engineering Company is a major provider of aircraft maintenance, repair, and overhaul services in the Asia-Pacific.