ST AEROSPACE SECURES S$320M IN CONTRACTS

ST Aerospace has won S$320m in new maintenance contracts in the fourth quarter of 2010. Ranging from three to 12 months, these contracts will be carried out at its facilities in the Americas, Asia Pacific and Europe. This is in addition to the Maintenance-By-the-Hour (MBHTM) contract awarded by China Airlines announced in November last year. The Aircraft Maintenance & Modification (AMM) business secured new airframe contracts involving heavy maintenance checks, passenger-to-freighter (PTF) conversions, passenger-to-passenger/cargo (combi) (PTC) conversions and interior refurbishments on various commercial and military aircraft types, including Airbus A300, A320 and A330, Boeing 747, 757, 767, MD10, MD11, L100/C130