Investments
1Portfolio Exits
1Partners & Customers
10About SIA Engineering
SIA Engineering is an MRO providing total aircraft maintenance solutions. SIAEC offers a complete suite of MRO services, including line maintenance, airframe maintenance, component overhaul, engine overhaul, cabin modifications, and fleet and asset management programs.
Latest SIA Engineering News
Nov 19, 2023
SIA Engineering is looking to three areas for expansion and building capabilities – its core business, joint ventures (JVs) as well as mergers and acquisitions (M&As) – even as it copes with the upcoming full recovery at Changi and captures opportunities from airlines racing to reinstate their flights.
SIA Engineering Investments
1 Investments
SIA Engineering has made 1 investments. Their latest investment was in Pos Aviation as part of their Corporate Minority on February 2, 2020.
SIA Engineering Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
2/13/2020 | Corporate Minority | Pos Aviation | $2.43M | Yes | 2 |
Date | 2/13/2020 |
|---|---|
Round | Corporate Minority |
Company | Pos Aviation |
Amount | $2.43M |
New? | Yes |
Co-Investors | |
Sources | 2 |
SIA Engineering Portfolio Exits
1 Portfolio Exit
SIA Engineering has 1 portfolio exit. Their latest portfolio exit was Pos Aviation on August 21, 2020.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
8/21/2020 | Corporate Majority | 1 |
Date | 8/21/2020 |
|---|---|
Exit | Corporate Majority |
Companies | |
Valuation | |
Acquirer | |
Sources | 1 |
SIA Engineering Acquisitions
4 Acquisitions
SIA Engineering acquired 4 companies. Their latest acquisition was SR Technics - Malaysia on February 16, 2022.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
2/16/2022 | Acquired Unit | 2 | ||||
10/27/2020 | ||||||
8/27/2020 | Other | |||||
10/28/2016 | Other |
Date | 2/16/2022 | 10/27/2020 | 8/27/2020 | 10/28/2016 |
|---|---|---|---|---|
Investment Stage | Other | Other | ||
Companies | ||||
Valuation | ||||
Total Funding | ||||
Note | Acquired Unit | |||
Sources | 2 |
SIA Engineering Partners & Customers
10 Partners and customers
SIA Engineering has 10 strategic partners and customers. SIA Engineering recently partnered with Eaton on July 7, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
7/26/2023 | Partner | Ireland | Eaton and SIA Engineering to Form Component MRO JV in Malaysia Eaton and SIA Engineering have signed an agreement to form a component MRO joint venture . | 1 | |
3/29/2023 | Client | Singapore | Singapore's SIA Engineering inks $857 million deal with Singapore Airlines SIA Engineering expects the deal , which supersedes the previous agreement it entered with Singapore Airlines in April 2019 , to earn S$ 1.14 billion revenue over its three-year term . | 2 | |
10/12/2022 | Client | United States | SIA Engineering extends contract with Hawaiian Airlines, inks deal with MYAirline SINGAPORE - Mainboard-listed SIA Engineering announced early on Wednesday the extension of its partnership with Hawaiian Airlines to provide airframe maintenance services for the airline 's A330-200 aircraft . | 1 | |
2/16/2022 | Client | ||||
2/16/2022 | Client |
Date | 7/26/2023 | 3/29/2023 | 10/12/2022 | 2/16/2022 | 2/16/2022 |
|---|---|---|---|---|---|
Type | Partner | Client | Client | Client | Client |
Business Partner | |||||
Country | Ireland | Singapore | United States | ||
News Snippet | Eaton and SIA Engineering to Form Component MRO JV in Malaysia Eaton and SIA Engineering have signed an agreement to form a component MRO joint venture . | Singapore's SIA Engineering inks $857 million deal with Singapore Airlines SIA Engineering expects the deal , which supersedes the previous agreement it entered with Singapore Airlines in April 2019 , to earn S$ 1.14 billion revenue over its three-year term . | SIA Engineering extends contract with Hawaiian Airlines, inks deal with MYAirline SINGAPORE - Mainboard-listed SIA Engineering announced early on Wednesday the extension of its partnership with Hawaiian Airlines to provide airframe maintenance services for the airline 's A330-200 aircraft . | ||
Sources | 1 | 2 | 1 |
SIA Engineering Team
4 Team Members
SIA Engineering has 4 team members, including current Chief Security Officer, Muhd Hafiz.
Name | Work History | Title | Status |
|---|---|---|---|
Muhd Hafiz | SilkAir, Tiger Airways, and Fast | Chief Security Officer | Current |
Name | Muhd Hafiz | |||
|---|---|---|---|---|
Work History | SilkAir, Tiger Airways, and Fast | |||
Title | Chief Security Officer | |||
Status | Current |
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