SIAEC, with its extensive MRO service offerings, certifications, and MRO capabilities, will work alongside IPORT Group, leveraging its substantial infrastructure and resources in Fujian.
SIA Engineering Company Limited (SIAEC) and Xiamen Iport Group have entered into a legally non-binding Memorandum of Understanding (MOU) to explore Maintenance, Repair, and Overhaul (MRO) opportunities in Fujian, China. IPORT Group is known for owning and operating airports in Xiamen, Fuzhou, Wuyishan, and Longyan. The objective of this MOU is to establish a framework for potential collaboration between SIAEC and IPORT Group in the field of MRO. SIAEC, with its extensive MRO service offerings, certifications, and maintenance capabilities, will work alongside IPORT Group, leveraging its substantial infrastructure and resources in Fujian.
While no definitive or binding agreements have been reached as of the date of this announcement, the parties intend to explore various MRO collaboration opportunities under this MOU. It should be noted that there is no guarantee that such agreements will be reached or that the collaboration will proceed. SIAEC commits to keeping stakeholders informed of any material developments in this potential collaboration, including the signing of definitive agreements. As of now, neither the directors nor controlling shareholders of SIAEC have any direct or indirect interests in the MOU, aside from any shareholdings they may have in SIAEC.
SIAEC’s reputation as a premier MRO service provider in the Asia-Pacific region is built on its extensive client base of more than 80 international carriers and aerospace equipment manufacturers. The company delivers a wide range of services, including line maintenance at over 30 airports in eight countries, as well as airframe, engine, and component services for some of the world’s most advanced and widely used commercial aircraft.
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SIAEC’s impressive portfolio extends to 22 subsidiaries and joint ventures strategically located in Singapore, Hong Kong, Indonesia, Japan, Malaysia, the Philippines, the United States, and Vietnam. These partnerships with original equipment manufacturers and strategic allies significantly enhance the company’s service offerings.
