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ST Aerospace secures contracts from Lufthansa Cargo, Air Canada
ST Aerospace, an arm of ST Engineering, has secured two contracts from Lufthansa Cargo and Air Canada.
On Monday, the company said it won a five-year exclusive contract in heavy maintenance support worth US$30 million (S$39 million) from Lufthansa.
ST Aerospace added that the MD-11 Heavy Maintenance Support contract will enable the company to become the sole service provider supporting Lufthansa Cargo's MD-11 fleet in both light and heavy C-checks starting from 2019.
Separately, ST Aerospace announced that, through its US affiliate company, VT San Antonio Aerospace, it has secured a contract from Air Canada to perform interior reconfiguration services on part of the airline's Boeing 787 Dreamliner fleet.
This cabin reconfiguration contract follows a long-term agreement with Air Canada, announced in June 2017, for heavy maintenance services on the Canadian operator's 787 fleet, the company said.
According to ST Aerospace, it is the world's largest commercial airframe maintenance, repair & overhaul (MRO) provider, and has a track record of over 15,000 commercial aircraft maintained and modified since 1990.
It has a network of facilities in the Americas, Asia Pacific and Europe that is "capable of accommodating 40 widebody, 27 narrowbody and 24 general aviation aircraft simultaneously", and provides support to airlines, airfreight and military operators.
ST Aerospace will be showcasing its MRO capabilities and other aerospace solutions at the Singapore Airshow 2018 from Feb 6 to 11.
ST Engineering was trading at 3 Singapore cents lower to S$3.32 as at 3.05pm.