SIA Eng'g inks S$166m contract with Cebu Air

The five-year contract will provide Cebu Air with fleet management, repair and overhaul services.

In a release, SIA Engg C announced it has won a five-year contract worth S$166m from Cebu Air. Under the agreement, SIAEC will provide Cebu Air with a wide range of fleet management and maintenance, repair and overhaul (MRO) services.

The contract covers Cebu Air’s fleet of A320/A319 aircraft, which will grow to 48 aircraft over the next five years. However, SIAEC added that this transaction is not expected to have a material impact on SIAEC’s financial performance in the current financial year.

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