Singapore's SIA Engineering signs $1 billion services deal with Singapore Airlines (updated)
20/05/2025 10:46
Adds details in paragraph 2,3 May 20 (Reuters) - Singapore's SIA Engineering SIAE.SI on Tuesday signed a S$1.3 billion ($1 billion) services agreement with Singapore Airlines SIAL.SI and its unit Scoot. SIA Engineering will support the fleets of both airlines, covering maintenance and repair works among other management services. The two-year deal will replace the previous agreement signed in April 2023. ($1 = 1.2955 Singapore dollars) (Reporting by Sneha Kumar in Bengaluru; Editing by Savio D'Souza) ((Sneha.Kumar@thomsonreuters.com;))
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