Singapore's SIA Engineering inks $857 mln deal with Singapore Airlines

SIA Engineering

29/03/2023 11:03

March 29 (Reuters) - Singapore's aircraft maintenance
services provider SIA Engineering  SIAE.SI  on Wednesday inked a
fresh services deal with flag carrier Singapore Airlines
 SIAL.SI  for the provision of maintaining and managing fleet
support services.
    SIA Engineering expects the deal, which supersedes the
previous agreement it entered with Singapore Airlines in April
2019, to earn S$1.14 billion ($857.92 million) revenue over its
three-year term. 

($1 = 1.3288 Singapore dollars)

 (Reporting by Roushni Nair in Bengaluru; Editing by Krishna
Chandra Eluri)
 ((Roushni.Nair@thomsonreuters.com;))