Today, Embraer announced that SIAEP, a subsidiary of SIA Engineering Company Limited (SIAEC), became the first Embraer Authorized Service Center in the Asia-Pacific region, focused on maintenance, repair and overhaul services for the Embraer family of aircraft E-Jets E2. SIAEP has been operating as an authorized service center in the region since 2017, dedicated to the first generation of E jets and having three hangars in Clark, Philippines.
“SIAEP has been a key partner over the past few years and this new agreement makes SIAEP even more strategic to Embraer’s future in Asia-Pacific as the E-Jets E2 fleet grows in the region. We are very pleased with this new chapter in our long-term partnership.” says Frank Stevens, Vice President, Global MRO Services, Embraer Services & .
The growing presence of Embraer Services & marks a significant step in the company's expansion strategy in the Asia-Pacific region, where airlines from Singapore, Australia, India, Myanmar, Japan and China operate new-generation E2 and EXNUMX aircraft. E jets first generation.
A Scoot has placed a firm order for nine E190-E2 jets, two of which have already begun flying in May this year, with more on the way. The subsidiary of Singapore Airlines (SIA) is the first to operate the E2 in the region. The Virgin Australia also announced an order for eight E190-E2s in August, with deliveries scheduled for early in the second half of 2025.
The partnership is unlikely to have a material impact on the net tangible assets per share or earnings per share of the SIAEC Group for the financial year ending 31 March 2025. None of the Directors and controlling shareholders of SIAEC has an interest, direct or indirect, in the partnership other than through their shareholdings (if any) in SIAEC.