New contracts for ST Aerospace

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By TESTCustomwebLP TESTCustomwebLP April 14, 2015 20:20

New contracts for ST Aerospace

ST Engineering’s Aerospace arm has secured new contracts worth $298 million in 1Q2015. The new orders involve projects ranging from aircraft maintenance and cabin interior modification, to engine wash and pilot training.

Highlights in the past quarter include: a five-year component Maintenance-By-the-Hour contract with an existing Asia-based airline customer operating a fleet of Boeing 737NG aircraft; Heavy maintenance contracts for a fleet of 21 Airbus A320 aircraft as well as six Boeing 767 and 777 aircraft for a low-cost airline in Asia and an international airline respectively; An interior modification contract for two 737 aircraft belonging to a US-based leasing company; A five-year agreement with a Middle Eastern customer for a Multi-crew Pilot License programme; Two 737NG landing gear overhaul and exchange contracts for airline operators in Asia; Obtained additional certifications from the US Federal Aviation Administration (FAA) for Airbus A330 and Boeing 757 aircraft for its airframe facility in Guangzhou; Accomplished the first part-out on a McDonnell Douglas MD-11 aircraft in the US  for a European aircraft leasing company; and established a new joint venture with Tenryu Holdings Co, Ltd. – ST Aerospace Aircraft Seats.

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By TESTCustomwebLP TESTCustomwebLP April 14, 2015 20:20