What Happened
Singapore Aviation Hub Sees Growth In MRO Services
SIA Engineering Company, a subsidiary of Singapore Airlines, has found itself on firmer footing post-Covid, with significant growth in its maintenance, repair, and overhaul (MRO) services. The company has expanded its hangar capacity and is implementing a new framework to improve productivity. SIAEC’s stock has rallied nearly 90% in the past year, and analysts remain positive about the company’s prospects. This was reported by Unknown Source.