ST Engineering's arm sealed a whopping $480m contracts

It has also bagged deals from 4 airlines.

In a release, Singapore Technologies Engineering Ltd today announced that its aerospace arm, Singapore Technologies Aerospace Ltd has sealed new contracts worth about $480m in the first quarter of 2013.

The contracts are for airframe, component and engine maintenance, as well as engineering and development, which will be carried out through its global maintenance, repair and overhaul (MRO) network.

A total of 180 aircraft were redelivered for airframe maintenance and modification work in the first quarter of 2013. This is in addition to the five Boeing 757-200 freighters converted through its MRO network.

Besides airframe redeliveries, ST Aerospace processed 15,161 components, 72 landing gears and 60 engines for both commercial and military customers.

Gaining momentum in the cabin configuration business, ST Aerospace has secured contracts and letters of intent with four airlines, to provide cabin reconfiguration solutions for a total of six Airbus A330-343 and 31 Boeing 767-300 aircraft.

At the same time, ST Aerospace has co-developed a new long-haul economy aircraft seat with Japanese aircraft seat manufacturer Tenryu Aer Component, as it extends into cabin interior product manufacturing. Named ‘Ergo’, the ergonomically designed seat boasts optimal comfort and a relaxing space for airline passengers.

The seats will be featured at the Aircraft Interiors Expo 2013 from 9 to 11 April in Hamburg, Germany.

ST Aerospace is stepping up its participation in the engine leasing business. Its wholly owned subsidiary, ST Aerospace Engines, has injected additional capital into its 50%-owned associate company, Total Engines Asset Management, bringing its total share capital contribution to US$8.21m (S$10.15m).

It has also expanded its customer base by securing new engine leasing contracts during the quarter.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia