SIA Engineering Company Limited and Thales Solutions Asia Private Limited have signed a legally non-binding memorandum of inderstanding to explore business development and collaboration opportunities in the Asia-Pacific region.
The objective of the MOU is to evaluate the feasibility and establish a framework for both parties to collaborate in areas such as component maintenance, repair and overhaul (MRO) in cooperation with Thales’ MRO facilities, including their future new facility in India; and repair services under SIAEC’s Inventory Technical Management (“ITM”) programmes and network of component shops.
Bernd Riggers, Senior Vice President Component Services of SIAEC, said: “The potential collaboration with Thales could expand SIAEC’s component repair capabilities, network and service offerings to our airline customers for Thales’ components. This complements SIAEC’s overall strategic plan to grow our component repair and overhaul services network.”
“As an established MRO supplier for the industry, Thales is looking forward to partnering SIAEC in this new chapter as we support companies in the aerospace sector for their components repair needs. With the aviation sector in full recovery, having fleets in top shape remain a priority for all airlines. This MOU is a first step in seeing how SIAEC and Thales can bring their complementary capabilities and network to help give airlines a leading edge,” said Thomas Got, VP Aviation Global Services and Avionics Services Worldwide Business.
