SIA Engineering extends contract with Hawaiian Airlines, inks deal with MYAirline

Mainboard-listed SIA Engineering Co announced early Wednesday the extension of its partnership with Hawaiian Airlines to provide airframe maintenance services for the airline's A330-200 aircraft. Separately, the aircraft maintenance, repair and overhaul service provider said it signed a 10-year agreement with Malaysian low-cost carrier MYAirline to provide support services for the latter's fleet of Airbus A320 aircraft. The deals are not expected to have a material impact on the group's earnings per share or net tangible assets per share for the year to March 31, 2023. Under the new agreement with Hawaiian Airlines, SIAEC will perform checks on 11 of the airline's aircraft into 2027. Maintenance services will be undertaken by the group at its facility in Singapore. Based in Honolulu, Hawaiian Airlines currently operates a fleet of 24 A330-200 aircraft, serving 13 gateway cities in the United States and nine destinations throughout Asia and South Pacific. "This signing signifies the confidence that Hawaiian Airlines has in SIAEC's technical strengths and capabilities," said Jeremy Yew, the group's senior vice-president of base maintenance services. Meanwhile, under SIAEC's new agreement with MYAirline, the group will provide component support coverage for aircraft and engine spares as well as repair and overhaul support services for the airline's fleet of Airbus A320 aircraft.<br/>