SIAEC and GE Aviation form engine overhaul firm

GE will hold 51% of the company whilst SIAEC will hold 49%.

SIA Engineering Company Limited (SIAEC) and GE Aviation (GE) inked a joint venture (JV) agreement to form an engine overhaul firm in Singapore.

According to a press release, GE will hold a 51% equity stake in the joint venture, with SIAEC holding the remaining 49%.

The agreement is subject to regulatory approvals being obtained in the relevant jurisdictions.

The GE90 engine exclusively powers the Boeing 777-300ER and 777-200LR, and the GE9X engine is the sole engine selection for the Boeing 777X aircraft.

The joint venture will leverage practices from GE's "Brilliant Factory" concepts, combining digitisation and data analytics to enhance productivity.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia