SIA Engineering and Sagem have decided to form an avionics maintenance, repair and overhaul joint venture in Singapore. Sagem, a subsidiary of the Safran Group, will own 51% and Singapore Airlines subsidiary SIAEC the remaining 49%. The joint venture will be a dedicated centre of excellence and OEM warranty repair centre for avionics components in Asia. It is the second partnership between SIAEC and Safran. The first was with Messier Services Asia, a Safran subsidiary specialising in landing systems MRO.
- All the latest news, images and video from the Paris Air Show
Source: Flight Daily News
