SIA Engineering Company and Safran Aircraft Engines to Form CFM LEAP Engine MRO JV in Singapore

June 05, 2026

SGX Mainboard-listed SIA Engineering Company Limited (SIAEC, together with its subsidiaries, the SIAEC?Group) and Safran Aircraft Engines have signed a joint venture agreement to establish a full-fledged CFM LEAP engine shop in Singapore to provide engine maintenance, repair and overhaul services for the LEAP-1A and LEAP-1B. The signing of this Joint Venture agreement marks a key milestone in the collaboration between the parties following the letter of intent signed on 25 November 2025 to deepen LEAP engine maintenance support in Singapore.  Under the joint venture agreement, Safran Aircraft Engines will hold a 51% equity stake in the joint venture company, with SIAEC holding the remaining 49%.  

SIAEC currently performs LEAP engine Quick Turn maintenance for Safran Aircraft Engines at its Aircraft Engine Services facility in Changi North. The Quick Turn operations will be integrated into the joint venture company, forming the foundation for a future?state-of-the-art?engine MRO facility in Singapore. The new facility will expand the engine shop visit capacity as well as give rise to a broader and deeper scope of service for LEAP-1A and LEAP-1B engines as the global LEAP fleet continues to grow.  

Mr. Wong Yue Jeen?of SIAEC, commended the milestone, stating: “Building on our LEAP engine maintenance services agreement with SAE in 2019, the new LEAP MRO JV combines SAE’s OEM expertise and SIAEC’s MRO excellence, strengthening the LEAP maintenance network and enhancing SIAEC’s new-generation engine capability to meet global LEAP engine maintenance demand.”  

“The creation of this joint company with SIA Engineering Company marks a significant step forward in strengthening our global MRO ecosystem to meet the accelerating demand for LEAP engine maintenance in Asia-Pacific,” said Nicolas Potier, Executive Vice President Support & Services for SAE. “This new MRO facility brings together the?expertise?of both companies to provide world-class performance and reliable support, helping our airline customers?optimize?their operations."

Source : Safran S.A.