SIA Engineering Company and Safran Aircraft Engines have signed a joint venture agreement to establish a CFM LEAP engine maintenance, repair and overhaul business in Singapore on June 5, 2026.
The new company will provide MRO services for the LEAP-1A and LEAP-1B engines. Safran Aircraft Engines will hold 51% of the venture and SIAEC will hold 49%.
SIAEC’s existing LEAP engine Quick Turn work at Changi North will be integrated into the joint venture, forming the basis of a future engine MRO facility. The announcement said the project is intended to support a state-of-the-art engine MRO facility in Singapore.
The agreement follows a letter of intent signed on November 25, 2025. It is the latest verified development disclosed by the two companies on the project.
The deal adds a new LEAP-focused aftermarket platform in Singapore and brings SIAEC’s current Quick Turn activity into a dedicated joint venture structure.