Hong Kong, June 24 -- SIA Engineering chair, Tang Kin Fei, said while higher tariffs had "clouded the operating landscape", the impact on the MRO provider has been limited so far. Read More Writing in the company's annual report, Tang said SIA Engineering has kept its strategy and businesses "nimble" to navigate a complex environment. "The MRO industry continues to see sustained demand, even though uncertainties remain," Tang said. "While the direct impact from higher tariffs remains limited to date, second order effects are harder to predict. We are implementing risk mitigation measures and monitoring geopolitical and trade developments, together with trends in air travel and fleet utilization, to assess implications for the MRO sector."
...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.