SIA Engineering Co. broke ground for a non-OEM provider of MRO services by purchasing a stake in Pratt & Whitney's PW1000G engine "risk-revenue sharing program" in exchange for a key role in Pratt's MRO network. SIAEC, a member of Singapore Airlines Group, will hold a 3% stake in the engine RRSP for the Bombardier CSeries and a 1% stake in the Mitsubishi Regional Jet engine RRSP. SIAEC's joint venture with Pratt, Eagle Services Asia, will be designated as "the first engine center" in ...

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