ST Engineering signs $600M maintenance contract
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Singapore Technologies Engineering Ltd’s (ST Engineering) Aerospace sector has signed an agreement with a contract value of about $600-million (approximately $813-million) to provide aircraft heavy maintenance services to a major North American operator. ST Engineering will support the operator, an existing customer, on a fleet of over 160 wide-body and narrow-body aircraft starting in 2020 for a period of 10 years.
Under the long-term strategic alliance, ST Engineering isable to offer a fleet reliability programme that monitors the health of eachaircraft and recommends maintenance actions to address identified issues beforethey impact the airline's operational reliability. Continuous improvementinitiatives over the duration of the programme will also help drive greaterefficiency and shorter turnaround times during maintenance.
ST Engineering will be providing airframe maintenanceservices to the customer at its US facilities located in San Antonio, Texas,and Pensacola, Florida. The San Antonio facility is a well-established airframeMRO service provider, which just received the Federal Aviation AdministrationAviation Maintenance Technician Diamond Award of Excellence in 2018, while thePensacola facility comprises a new hangar with state-of-the-art infrastructurethat began operations in June 2018.
