SIA Engineering Company S59 announced an agreement with Hawaiian Airlines on June 22, to perform airframe maintenance services for its A321neo fleet of 18 aircraft into Year 2027. The maintenance services will be undertaken at one of SIAEC Base Maintenance’s network of facilities in Clark, Philippines. Currently, SIAEC is providing A330 maintenance services at its Singapore facility for Hawaiian Airlines’ 24 A330 aircraft.
Hawaiian Airlines, offers around 150 daily flights within the Hawaiian Islands, and nonstop flights between Hawaiʻi and 15 U.S. gateway cities as well as services connecting Honolulu and American Samoa, Australia, the Cook Islands, Japan, New Zealand, South Korea and Tahiti.
The transaction is not expected to have a material impact on the earnings per share or the net tangible assets per share of SIAEC for the financial year ending March 31, 2024.
