SINGAPORE, 11 April 2018 - Mainboard-listed SIA Engineering Company Limited (“SIAEC” or the “Company”) is pleased to announce the signing of an In-Flight Entertainment and Connectivity (“IFEC”) Maintenance Agreement with Thales (“Thales”).
Singapore Airlines (“SIA”) had selected Thales’ AVANT IFE system and Ka-band connectivity solution for its fleet of A350 XWB aircraft configured for medium-haul operations. This IFEC Maintenance Agreement between SIAEC and Thales will support the SIA fleet for an initial term of 10 years and the scope of services will include line maintenance, software and media content loading, and support.
SIAEC’s Executive Vice President Operations, Mr Ivan Neo said: “SIAEC is pleased to partner Thales. This agreement reaffirms the strong relationship between Thales and us. With our comprehensive range of IFEC maintenance services, augmented by specialist support from our esteemed partners, SIAEC is well positioned to provide one-stop turnkey maintenance solutions to all our customers.”
Mr Kevin Chow, Country Director and Chief Executive Officer, Thales in Singapore, said: “We are delighted to take our partnership with SIAEC to the next level with the signing of this maintenance agreement. As the world’s best airline, Singapore Airlines holds the highest standard of passenger service, including providing top-notch inflight entertainment. Thales’ upkeep of these systems using technology and connected data will ensure that passengers continue to have that exceptional experience in the air.”
The transaction is not expected to have a material impact on SIAEC’s financial performance in FY2018/19. None of the Directors of SIAEC has any interest, direct or indirect, in the transaction.