New Contracts Down 35 Per Cent For ST Aerospace

Singapore-based ST Aerospace secured new contracts worth a total of $298m in Q1 2015, down from $460m in the same period last year.

Singapore-based ST Aerospace secured new contracts worth a total of $298m in Q1 2015, down from $460m in the same period last year.

In the first three months of this year, the ST Engineering subsidiary confirmed a five-year contract covering component repairs, spares and a rotary pool on an undisclosed Asian airline’s fleet of nine 737 aircraft.

Other contracts include heavy maintenance for six 767s and 777s with another unnamed airline, C-checks for an Asian low-cost carrier’s A320 fleet and interior modification on two 737 aircraft for a US-based lessor.

TAGS: Asia Pacific
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish