SIA Engineering Company signs S$1.4b services agreement with SIA

SIA Engineering Company on Monday announced the signing of a comprehensive services agreement with Singapore Airlines, which will supersede the previous agreement inked with SIA in April 2015.

The new agreement, commencing Apr 1, 2019, is for a term of two years, with an option to renew for a further period of two years. SIAEC's support of the SIA fleet covers a broad spectrum of maintenance, repair and overhaul and fleet management support services. The agreement, if renewed after the first two years, is expected to yield a labour revenue of S$1.3 billion to S$1.4 billion over the four-year term.

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Stocks to watch: DBS, SIA, ST Engineering, Metro, Sapphire CorpTHE following companies saw new developments that may affect trading of their shares on Wednesday: Read more at The Business Times.
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Stocks to watch: SIA, SGX, ST Engineering, Yanlord LandTHE following companies saw new developments that may affect trading of their shares on Thursday: Read more at The Business Times.
مصدر: BusinessTimes - 🏆 15. / 51 اقرأ أكثر »