SIA signs new alliance
SIA signs new alliance
SINGAPORE (AFP): U.S. aircraft engine manufacturer Pratt and
Whitney on Wednesday formalized an alliance with two Singaporean
firms that will bring in advanced aerospace coating technologies
into Asia.
Minister of State for Trade and Industry Lim Swee Say said the
signing of the memorandum of understanding (MOU) between the U.S.
firm, SIA Engineering Co. of Singapore Airlines Ltd. and
Singapore Technologies Aerospace would enhance the city state's
goal to become Asia's aviation repair hub.
"Today's MOU signing marks a milestone in the aerospace repair
and overhaul industry in Singapore," he said in a speech at the
signing ceremony.
"The three-way joint venture will bring new and critical
capabilities in coating in Singapore. Such capabilities will be
the first of its kind in Asia, and one of a few in the world," he
said.
The new joint-venture will employ sophisticated aerospace
coating technologies to repair turbine airfoils.