ST Aerospace dismisses claim for losses
ST Engineering's unit among defendants named in a writ by a number of passenger families for losses relating to AirAsia 2014 flight crash
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MAINBOARD-listed Singapore Technologies Engineering said its aerospace subsidiary has dismissed as having no merit a claim filed in a French court for losses arising from the December 2014 crash of the AirAsia flight from Indonesia to Singapore.
In a filing to the Singapore Exchange (SGX) on Wednesday, ST Engineering said its wholly owned subsidiary, Singapore Technologies Aerospace, has recently received a writ of summons issued in the court of Toulouse, France, for losses arising out of the crash of the Airbus A320-200 that killed all 162 passengers and crew on board.
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