SIA Engineering Company and Safran Aircraft Engines to form CFM LEAP engine maintenance, repair and overhaul joint venture in Singapore
- Expand Safran Aircraft Engines’ CFM LEAP global maintenance ecosystem
- Develop SIA Engineering Company Limited’s new-generation engine capabilities
- Support the growing global demand for CFM LEAP maintenance from Singapore
Paris, le 5 Juin 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”.
Safran is an international high-technology group, operating in the aviation (propulsion, equipment and interiors), defense and space markets. Its core purpose is to contribute to a safer, more sustainable world, where air transport is more environmentally friendly, comfortable and accessible. Safran has a global presence, with more than 110,000 employees and revenue of 31.3 billion euros in 2025, and holds, alone or in partnership, global or regional leadership positions in its core markets.
Safran is listed on the Euronext Paris stock exchange and is part of the CAC 40 and Euro Stoxx 50 indices.
Safran Aircraft Engines designs, produces and sells, alone or in partnership, commercial and military aircraft engines offering world-class performance, reliability and environmental compliance. Through CFM International*, Safran Aircraft Engines is the world’s leading supplier of engines for single-aisle mainline commercial jets.
* CFM International is a 50/50 joint venture between Safran Aircraft Engines and GE Aerospace.
SIA Engineering Company (SIAEC) is a major provider of aircraft maintenance, repair and overhaul (MRO) services in Asia-Pacific. SIAEC has a client base of more than 80 international carriers and aerospace equipment manufacturers. It provides line maintenance services at more than 30 airports in 9 countries, as well as airframe, engine and component services on some of the most advanced and widely used commercial aircraft in the world.
The 25 subsidiaries and joint ventures with original equipment manufacturers and strategic partners in Singapore, Cambodia, China, Indonesia, Japan, Malaysia, the Philippines, the United States of America and Vietnam increase the depth and breadth of the Company’s service offerings. SIAEC has approvals from 27 national aviation regulatory authorities to provide MRO services for aircraft registered in the United States of America, Europe, China and other countries.
Source: Safran Aircraft Engines and SIA Engineering Company
