SIAEC acquires remaining 35% stake in Heavy Maintenance Singapore Services from Airbus

SIA Engineering completed the acquisition of Airbus' 35% stake in Heavy Maintenance Singapore Services (HMSS) for about S$900,000 ($659,000), making HMSS a wholly-owned subsidiary. The deal closed on 27 August 2020.

“SIA Engineering has completed the acquisition of the Airbus’ shares in a Singapore-based MRO joint venture, Heavy Maintenance Singapore Services (HMSS).”flightglobal.com

• 1 source
• flightglobal.comSIAEC acquires remaining shares in Airbus joint venture - FlightGlobalAlfred ChuaAug 28, 2020

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