Boeing Announces Global Fleet Care Agreements for Singapore Airlines and Scoot

Boeing [NYSE: BA] announced that on March 7, 2018, two previously signed integrated Boeing Global Fleet Care agreements for Singapore Airlines' fleet of 27 777-300ERs (Extended Range) and Scoot's fleet of 20 787 Dreamliners were transferred to Boeing Asia Pacific Aviation Services Pte. Ltd., (BAPAS), a joint venture between The Boeing Company and SIA Engineering Company (SIAEC).

"Boeing's partnership with SIAEC will create more efficient and customer-focused service solutions by combining our resources and intimate understanding of airframe lifecycle with knowledge of current and emerging requirements in the Asia Pacific region," said Stan Deal, president and CEO, Boeing Global Services.

Under the integrated Global Fleet Care agreements, BAPAS will provide engineering services, maintenance planning and scheduling, and operation control center services, along with materials demand planning and spares support for the airlines. BAPAS also will tailor maintenance and reliability programs and provide support for aircraft modifications. Following these agreements, BAPAS is anticipated to support more than 70 Boeing aircraft within the Singapore Airlines Group.

Boeing and SIAEC also confirmed the completion of the agreements and processes necessary to fully enable the BAPAS joint venture. BAPAS will continue offering industry-leading engineering, materials management and fleet maintenance support solutions for Boeing 737, 747, 777 and 787 aircraft to airline customers in the Asia Pacific region.