ST Engineering's aerospace arm wins $520m new contracts in 3Q
It includes a five-year agreement with an international airline.
ST Engineering’s subsidiary, ST Aerospace, has secured new contracts worth $520m in 3Q for projects ranging from line and airframe maintenance to component repair and overhaul.
The contracts include the passenger-to-freighter (P2F) conversion of four Airbus A330-300 for DHL Express, announced in July.
For the line and heavy maintenance category, ST Aerospace clinched a five-year agreement with an international airline to provide airframe heavy maintenance support for the airline’s Boeing 767 and 777 aircraft fleet. ST Aerospace will also refurbish the cabin interiors of seven of its Boeing 777-300ER aircraft.
It also won an extension contract to further support a long-time airline customer's pilot training needs. Under the contract, the airline’s cadets will undergo a 15-month integrated commercial pilot licence programme in Ballarat, Australia.
Other contract wins included several landing gear overhaul contracts from various airlines, as well as multiple contracts for EcoPower engine wash services.