ST Engineering injects another US$21.5m into pilot training unit's capital

ST Aerospace Engineering, a subsidiary of the aerospace arm of Singapore Technologies Engineering (ST Engineering) has injected another US$21.5 million into the capital of its wholly owned pilot training subsidiary.

This brings ST Engineering's total investment in ST Aerospace Academy Pte Ltd (STAA) to about US$34.5 million, said ST Engineering in a news release on Tuesday.