ST Aerospace clinches projects worth $600m in Q3
SINGAPORE Technologies Aerospace, an arm of Singapore Technologies Engineering, clinched $600 million worth of new orders in the third quarter, with projects including freighter conversions, cabin retrofitting as well as airframe, component and engine maintenance.
In a press release issued yesterday, the group said that one of the contracts secured in Q3 was an order of 17 passenger-to-freighter (PTF) conversions for an international air cargo carrier. This takes the total number of aircraft under ST Aerospace's Boeing 757-200 PTF conversion programme to 119.
ST Aerospace also received a cabin reconfiguration project from an Asia-based airline to work on two Boeing 767-300 aircraft. Separately, it was awarded a Supplemental Type Certificate (STC) by the European Aviation Safety Agency for a full cabin retrofit of six Airbus A330 aircraft for an international carrier.
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