Brief: SIA Engineering Says It Signs S$1.14 Bln Services Deal With Singapore Airlines

SIA Engineering

29/03/2023 10:49

March 29 (Reuters) - SIA Engineering Company Ltd
 SIAE.SI :
    * SIGNS S$1.14 BILLION SERVICES AGREEMENT WITH SINGAPORE
AIRLINES
    * ANNOUNCE SIGNING OF COMPREHENSIVE SERVICES AGREEMENT WITH
SINGAPORE AIRLINES
    * SIAEC'S SUPPORT OF SIA FLEET COVERS MAINTENANCE, REPAIR
AND
OVERHAUL AND FLEET MANAGEMENT SUPPORT SERVICES
    * NEW AGREEMENT, COMMENCING 1 APRIL 2023, IS FOR TERM OF TWO
YEARS, WITH OPTION TO EXTEND FOR FURTHER PERIOD OF ONE YEAR
    * AGREEMENT EXPECTED TO YIELD A LABOUR REVENUE OF S$1.14
BILLION
OVER THREE-YEAR TERM

Source text for Eikon:  ID:nSN2bz9n0 
Further company coverage:  SIAE.SI 

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