SIA Engineering Company and Safran Aircraft Engines will form a joint venture in Singapore to provide maintenance, repair and overhaul services for CFM LEAP engines, according to official company announcements released on June 5, 2026.
The planned venture brings together SIAEC’s MRO capabilities and Safran’s engine expertise in the LEAP program, which powers a large share of next-generation narrowbody aircraft. Both companies said the agreement covers a dedicated LEAP engine MRO operation in Singapore.
Safran said the transaction was announced publicly on June 5, while SIAEC confirmed the same deal in a corporate filing, underscoring that the project is at the formal announcement stage rather than a preliminary market rumor. The companies did not disclose financial terms in the materials reviewed.