, Singapore

ST Aerospace bags $472m deal from Indian carrier Jet Airways

It’s a six-year engine maintenance contract.

ST Aerospace has signed an agreement for a six-year engine maintenance contract worth approximately $472m (US$350m) from Jet Airways, India’s second-largest airline.

ST Aerospace will provide an integrated suite of engine maintenance, repair and overhaul (MRO) services, for the CFM56-7B engines which power both Jet Airways’ and JetLite’s fleet of Boeing 737-Next Generation aircraft.

ST Aerospace will perform the off-wing engine maintenance support, on-wing services, as well as technical support, at its engine MRO facilities located in Singapore and Xiamen, China.

This contract extends an existing ten-year CFM56-7B engine maintenance agreement signed in 2010.
 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.