What Happened
Singapore Aviation Hub Player Expands MRO Capabilities
SIA Engineering, a subsidiary of Singapore Airlines, has found itself on firmer footing post-Covid, with the company’s stock rallying nearly 90% in the past year. The company has expanded its MRO capabilities, including the opening of a new base maintenance facility in Subang, Malaysia. SIA Engineering CEO Chin Yau Seng attributes the growth to the increasing demand for maintenance services, driven by the return of flight activity and the need for airlines to recover their grounded planes. The company plans to enter new markets, including India, through a potential joint venture with Air India. This was reported by TheEdge.