Singapore Airlines (SIA) has signed a new maintenance support contract with its subsidiary SIA Engineering (SIAEC) which could generate a total of SGD$2.6bn-SGD$2.9bn ($1.9bn-$2.2bn) in labour revenue for the MRO.
The new contract, which started on April 1, is fixed for three years with options to extend by a further five years.
The contract covers a “broad spectrum” of maintenance, repair and overhaul activities, as well as fleet management services.
SIA operates a fleet of 106 aircraft, comprising A330, A380 and 777 widebody jets, with an average age of seven years.
The carrier also has a further 12 aircraft on order, including five A380s.