SIA Engineering - KGI Securities 2024-05-21: Benefitting From The Recovery Of Flight Activities

• SIA Engineering recently announced a strategic partnership with Air India to develop Air India’s BM (base maintenance) facilities in Bangalore, India. Going forward, we expect SIA Engineering to continue to benefit from a continued recovery of flight activities, driving the demand for MRO services.

Improving operating statistics reflecting ongoing recovery.

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• For its base maintenance segment, the number of light checks also saw a 50% increase from pre-pandemic levels, while heavy checks remained stable at around 90.
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Re-directing capital injection.

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Price targets by other brokers at SIA Engineering Target Prices.

Listing of research reports at SIA Engineering Analyst Reports.

Relevant links:
SIA Engineering Share Price History,
SIA Engineering Announcements,
SIA Engineering Dividend Payout Dates & Corporate Actions,
SIA Engineering News