GE Aviation and Singapore Airlines Engineering Company (SIAEC) confirmed a new joint venture on Tuesday (June 20) focusing on repair and overhaul services the GE90 and the newer GE9X engine.
Announced at the Paris Air Show, the JV remains subject to finalizations and regulatory approvals. If greenlit, the anticipated facility will be based near SIAEC’s main base in Singapore.
The center will specialize in services for the GE90, an in-service veteran of more than 20 years powering the Boeing 777-300ER and 777-200LR, and the new GE9X variant, the sole engine option for the 777X aircraft. No designated open date was provided to Aviation Week at the time of the release.
The JV will see GE take a 51% equity stake with SIAEC holding the remaining share. The union has its genesis in an aircraft order placed by the Singapore Airlines (SIA) Group in February 2017.
As part of the letter of intent, SIA placed a $13.8 billion order for 39 Boeing widebodies, comprised of 20 777-9s powered by the GE9X. The new order would add to an existing fleet of GE90-powered 777-300ERs.
Both parties said the JV will look to divide repair work between SIA Group-operated aircraft and third-party operators. It is also expected to lead to job creation once operational, with the possibility of training and additional services at the facility.
David Joyce, president and CEO of GE Aviation, described SIAEC as a “natural fit” for a JV partnership due to the standard of its engine services and support.
The GE partnership adds another major engine manufacturer to SIAEC’s JV activities. It currently has existing partnerships with Rolls-Royce through the Singapore Aero Engine Services (SAESL) center of excellence servicing Trent engines, and several MRO-focused JVs in Asia-Pacific with Pratt & Whitney.