The joint venture will leverage on Boeing’s original equipment manufacturer (OEM) expertise and e-enabling technology, as well as SIAEC’s extensive maintenance experience and intimate knowledge of airlines’ engineering needs, to provide a customised and integrated suite of fleet management services to customers. The joint venture will offer service offerings for Boeing 737s, 747s, 777s and 787s. Through the SIAEC/Boeing collaboration, airlines will be able to procure the full spectrum of engineering, materials management and fleet support solutions, thereby deriving higher operating efficiencies and greater ......
This is not going to be some deep analysis on SIA Engineering, and if you are interested in more about my thoughts of SIA Engineering and tis valuation you can refer to this Aug 2013 article where i talked about it more.
Yesterday, SIAEC and Boeing announced a joint venture where SIAEC will hold a 49% stake in the joint venture to offer fleet management services: