Singapore Technologies Aerospace Ltd (ST Aero) has injected its pro rata share of US$24.5 million as additional capital into its Guangzhou-based airframe maintenance, repair and overhaul joint venture company, ST Aerospace (Guangzhou) Aviation Services Company Limited. This additional funding will support the joint venture’s expansion and business growth, ST Aero said. Operating out of the Guangzhou Baiyun International Airport since March 2014, ST Aero (Guangzhou) is a 49:51 joint venture … [Read more...] about ST Aero injects capital into Guangzhou JV for expansion
Singapore Technologies Aerospace
EFW now subsidiary of ST Aerospace after further investment
Singapore Technologies Engineering Ltd (ST Engineering) today announced that further to its announcement dated 17 June 2015, its aerospace arm Singapore Technologies Aerospace Ltd (ST Aerospace) has completed its investment of an additional 20 per cent equity interest in Elbe Flugzeugwerke GmbH (EFW) with the Dresden-based aircraft MRO and conversion specialist now becoming a subsidiary of ST Aerospace. ST Aerospace now owns 55 per cent of the shareholding while Airbus Defence and Space … [Read more...] about EFW now subsidiary of ST Aerospace after further investment
ST Aerospace wins $415m in new contracts in 4Q2015
Singapore Technologies Aerospace (ST Aerospace) announced that it secured new contracts worth $415 million (US$289 million) in the fourth quarter (4Q) of 2015, for projects ranging from airframe maintenance and cabin interiors reconfiguration, to engine wash and landing gear overhaul. The total contract value includes the recently announced cabin reconfiguration contract awarded by Air Canada, the landing gear maintenance contract from Scandinavian Airlines and the heavy maintenance contract … [Read more...] about ST Aerospace wins $415m in new contracts in 4Q2015
ST, Airbus, EFW launch A320/A321 conversions
Singapore Technologies Aerospace Ltd (ST Aerospace) has signed agreements with Airbus and Elbe Flugzeugwerke GmbH (EFW) for a collaboration to launch the A320/A321 passenger-to-freighter (P2F) conversion programme. Under the agreements, ST Aerospace will lead the A320/A321P2F engineering development, working in tandem with Airbus and EFW, with conversions to be undertaken in EFW and in ST Aerospace's global network of facilities. This follows a similar collaboration for the A330P2F … [Read more...] about ST, Airbus, EFW launch A320/A321 conversions
