ST Mobile Aerospace Engineering(MAE), the US subsidiary of Singapore-based ST Technologies Aerospace,has signed a massive Passenger-To-Freighter (PTF) conversion contractof 87 B757-200s with FedEx Express.Commencing in 2007, the contract isfor 87 aircraft. The contract follows last year's decisionby FedEx to acquire around 90of this type to replace its ageing Boeing727-200 fleet. ST Aero presidentTay Kok Khiang put the value of thecontract at $450-$470 million over theseven-year life of the … [Read more...] about MAE to convert 87 757's for FedEx.
Airports
HONG KONG: AAT's Terminal 2 opens for business
Asia Airfreight Terminal's (AAT)state-of-the-art Terminal 2 facility, builtat a cost of HK$1.75 billion, received itsoccupational permit and was declaredpractically completed at the end ofDecember. AAT general manager – planning &services, Nelson Lee said the new truckpark at the four-level facility, which hasbeen built adjacent to Terminal 1, wasput to use immediately after the RFIDbasedtruck control system was readyon December 26, 2006. "From mid-night of December 27,2006, … [Read more...] about HONG KONG: AAT's Terminal 2 opens for business