SIA Engineering signs MRO deal with Hawaiian Airlines

SIA-Engineering-What-You-Need-to-Know-About-its-Business-Before-You-Invest Engineering announced it has signed an agreement with Hawaiian Airlines to expand airframe maintenance services for its Airbus A330-200 fleet. SIAEC currently has existing airframe maintenance services agreements with Hawaiian Airlines for its A330 aircraft, covering heavy checks and paintings. Under the new agreement, SIAEC will be performing 12-year checks commencing in March 2022. The maintenance services will be undertaken by SIAEC at its facility in Singapore.

Hawaiian Airlines is Hawaii’s biggest and longest-serving airline. It currently offers approximately 130 flights within the Hawaiian Islands, and services between Hawaii and 16 US gateway cities as well as Tahiti, American Samoa, Japan and South Korea.

Ng Chin Hwee, SIAEC CEO, said, “We are delighted to extend additional maintenance services to Hawaiian Airlines. The extension is a testament to the successful relationship between the two companies and demonstrates Hawaiian Airlines’ vote of confidence for our airframe maintenance services. With our strong technical expertise and vast maintenance experience, we are well positioned to provide quality services and engineering support for the airline’s A330 fleet.”

Jim Landers, senior vice president, Technical Operations at Hawaiian Airlines, said: “This agreement is a testament to the demonstrated performance of SIAEC on work performed to date on our A330 fleet. In a maintenance provider, we expect and rely on timeliness, quality, and value. SIAEC has not only delivered on all three but additionally demonstrated flexibility and responsiveness through the challenges of the COVID turmoil. We are confident in our choice of SIAEC as a long-term provider and partner.”

The transaction is not expected to have a material impact on the earnings per share or the net tangible assets per share of SIAEC for the financial year ending 31 March 2022. None of the Directors of SIAEC has any interest, direct or indirect, in the transaction.

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