Global aircraft maintenance, repair and overhaul (MRO) service provider SIA Engineering Company has signed a memorandum of understanding (MoU) with technology group Safran to collaborate in the field of data analytics.

As part of the MoU, both companies will investigate the possible areas of collaboration to research and develop software for predictive maintenance that can be used in the aviation industry.

According to Safran, the use of advanced predictive software during aircraft operations will improve aircraft maintenance planning and reduce unexpected interruptions to aircraft revenue service.

“The joint venture will leverage on the joint strengths of GE’s technical know-how and SIAEC’s MRO experience, to offer high-quality and competitive maintenance solutions for GE engines.”

The companies are also expected to develop new aircraft maintenance solutions for their global customers, under the latest partnership.

The collaboration will benefit from Safran’s expertise in developing and deploying software and services, as well as SIAEC’s experience in the fields of aircraft engineering and MRO.

In a separate development, SIAEC is planning to sign a joint venture (JV) agreement with GE Aviation to establish an engine overhaul JV in Singapore.

The development is the result of a partnership announced between the parties in June last year.

GE will hold a 51% stake in the proposed JV and SIAEC will own the remaining 49% share.

SIAEC CEO Png Kim Chiang said: “SIAEC is pleased to partner with GE to create a state-of-the-art facility in Singapore, which is strategic to broadening our capabilities on next generation aircraft.

“The joint venture will leverage on the joint strengths of GE’s technical know-how and SIAEC’s MRO experience, to offer high-quality and competitive maintenance solutions for GE engines.”

The JV deal is subject to regulatory approvals to be granted by relevant jurisdictions.