ST Aerospace announced today that it has been awarded an exclusive component Maintenance-By-the-Hour (MBHTM) contract worth US$28m (about S$32.25m), by Spring Airlines Japan. This contract involves component repair management support for 22 of Spring Airlines Japan’s Boeing 737-800. Under the agreement, ST Aerospace will provide support for component repairs, warranty management, as well as consignment and pool access to its global rotables inventory pool. The new contract is expected to commence in the second half of 2013 and stretch over eight years. “We are happy to find a strong partner in ST Aerospace to support our new aircraft fleet. As

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