S$2.8BN CON­TRACTS FOR ST ENGG’S AERO­SPACE ARM DUR­ING 2017

SP's Airbuz - - News Brief -

Sin­ga­pore Tech­nolo­gies En­gi­neer­ing Ltd (ST En­gi­neer­ing) an­nounced that its aero­space arm, Sin­ga­pore Tech­nolo­gies Aero­space Ltd (ST Aero­space) se­cured new con­tracts worth about S$510m in the fourth quar­ter (4Q) of 2017 for ser­vices rang­ing from air­frame main­te­nance and land­ing gears re­pair to pi­lot train­ing.

The air­frame main­te­nance con­tracts in­clude multi-year agree­ments to pro­vide Aand C-checks for Boe­ing air­craft in­clud­ing the 777 and 747, as well as sup­port for other plat­forms in­clud­ing the MD-11 and A320. Other Main­te­nance, Re­pair & Over­haul (MRO) con­tracts clinched in 4Q2017 in­clude agree­ments for ATR72-500 shipsets, land­ing gear re­pair for mil­i­tary planes, ex­ten­sion of en­gine wash ser­vices for ex­ist­ing cus­tomers and Boe­ing 787 com­po­nent sup­port over 15 years for Gulf Air, which was an­nounced last Novem­ber. In the non-MRO re­lated busi­ness, con­tracts won dur­ing the quar­ter in­clude a 3-year pi­lot train­ing agree­ment from a new cus­tomer.

The aero­space sec­tor re­de­liv­ered a to­tal of 1,206 air­craft for air­frame main­te­nance and mod­i­fi­ca­tion work in 4Q2017. Ad­di­tion­ally, a to­tal of 11,852 com­po­nents, 58 land­ing gears and 40 en­gines were pro­cessed, while 2,494 en­gine washes were con­ducted.

Dur­ing the quar­ter, Elbe Flugzeug­w­erke, the joint ven­ture be­tween ST Aero­space and Air­bus re­de­liv­ered the first A330-300 Pas­sen­ger-to-Freighter con­verted air­craft to launch cus­tomer, DHL Ex­press af­ter the suc­cess­ful com­ple­tion of test flights in Oc­to­ber and award­ing of the Sup­ple­men­tal Type Cer­tifi­cate by the Euro­pean Avi­a­tion Safety Agency in Novem­ber.

For its air­craft seats busi­ness, ST Aero­space con­tin­ues to build up its ca­pa­bil­i­ties by meet­ing strin­gent per­for­mance stan­dards when it achieved the Euro­pean Tech­ni­cal Stan­dards Or­der (ETSO) for lightweight econ­omy class seat for the A320 plat­form.

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