Page 32 - AAA March / April 2024 Digital Magazine | GBP
P. 32
INTERVIEW
LASER FOCUS ON GROWTH
SIA Engineering Company (SIAEC) is expanding its footprint in the Asia Pacific
region while growing its base maintenance customer base beyond the region
By Arun Sivasankaran
IA Engineering Company in Subang in 2025, says Yau component repair capabilities
(SIAEC), which will com- Seng. “At SIAEC, we continue for new-generation aircraft and
S mission two hangars in to seek ways to increase capac- increases the competitiveness
Subang, Malaysia, next year, ity and improve productivity of its component solutions. On
is on the constant look out for through Lean and Continuous the line maintenance front, the
growth opportunities in Asia Improvement. “Our plan for a company in August last year
Pacific as well as other major new base maintenance setup completed the acquisition of
regions, says Chin Yau Seng, in Subang, Malaysia will 49% of Pos Aviation Engineering
CEO. increase our airframe mainte- Services (PAES), which offers
nance capacity even further. MRO and engineering services
The company’s various business The two Subang hangars that at nine airports in Malaysia. With
units have seen growth at vary- we will be commissioning will the addition of PAES, SIAEC’s
ing rates as the aviation industry represent our third base main- line maintenance international
emerges from the shadows of tenance hub in Asia-Pacific network has grown to 36 stations
the pandemic. “With the strong and will complement our MRO in eight countries.
recovery in Singapore’s flight ecosystem in the region.”
activities, our Line Maintenance Growth Opportunities
unit is seeing work volume that SIAEC has expanded its
is nearly at the pre-Covid level,” component MRO and line main- Being an MRO based in Asia-
says Yau Seng in an interview. tenance footprint in Malaysia. Pacific, SIAEC is constantly
“Meanwhile, demand for Base The company’s subsidiary, Asia look- ing out for growth
Maintenance remains healthy Pacific Aircraft Component opportunities
and we are carrying out more Services (APACS), a joint ven- in the region,
third-party maintenance work. ture (JV) between SIAEC and
For Engine and Component SR Technics Switzerland, is
Services, we are seeing an an important component MRO
increase in maintenance shop in Asia-Pacific. Last year,
events for engine and compo- APACS expanded its long-term
nent repairs and overhaul with partnership with Honeywell and
increased flight activities and air- was awarded two licenses to
craft utilization. We are prepared perform repair on Honeywell’s
for this exciting and challenging Air Data Inertial Reference
period as we move towards full Unit (ADIRU) and Pre-
recovery this year.” Cooler Control Valve
(PCCV) products.
Betting Big on Malaysia Among the company’s
other projects in the
With the recovery from the region is its joint ven-
pandemic and ramp up of ture with Eaton, a global
flight activities, MRO capacity manufacturer of aircraft
at the industry level remains components. Formed
tight. The company plans to in July last year, the
commence hangar operations JV enhances SIAEC’s
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