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.