Photo: SIA Engineering Company
SIA Engineering Company (SGX: S59) is a stock that has always been on my watch list. As the market leader for aircraft maintenance and repair in Singapore, they seem to be a business that’s not only recession-proof, but also one that has built a reputation of providing world-class standards of safety and deliverability over the years. I mean… who else wants to fly in an aircraft that’s not properly maintained or undergoes substandard checks? In the aviation industry, safety is everything and there is no room for compromise. SIA Engineering’s reliability and reputation is well-known and it is no surprise the company is a partner of many of the industry’s giants — Boeing, Airbus, Royce Rolls, etc. Here are some brief notes about SIA Engineering Company (SIAEC):- Singapore Airlines is their major shareholder and own a 77.55% stake in the company
- SIAEC provides line maintenance ...
