SIAEC and Safran set up Singapore LEAP engine MRO joint venture

SIA Engineering Company and Safran Aircraft Engines have agreed to form a Singapore joint venture for LEAP-1A and LEAP-1B maintenance, turning SIAEC’s existing Quick Turn work at Changi North into a fuller engine MRO operation.

Safran will hold 51 per cent and SIAEC 49 per cent, with total investment capped at US$118 million pending approvals. The venture folds in current shop activity and expands capacity for deeper maintenance events, as LEAP fleets on A320neo and 737 MAX platforms keep growing across Asia-Pacific.

The tie-up extends the pair’s 2019 cooperation and gives operators a regional route to higher-throughput LEAP support.