Saturday, September 01, 2018

ST Engineering's Aerospace Sector Signs Add-on Engine Maintenance Agreement with Jet Airways

Singapore Technologies Engineering Ltd (ST Engineering) today announced that its Aerospace sector has signed an agreement to provide CFM56-7B engine maintenance, repair and overhaul (MRO) services for the Boeing 737NGs belonging to Jet Airways and its subsidiary, JetLite. This agreement is an add-on to an earlier contract announced on 18 June 2015 which initially covers only a portion of the airlines’ 737NG fleet. With the latest agreement, Jet Airways’ and JetLite’s entire fleet of 80 737NGs will be covered, upping the contract value from the initial US$350m (approximately S$478m) to a total of about US$700m (approximately S$957m).
As part of the contract, ST Engineering will provide an integrated suite of engine MRO solutions, including off-wing engine maintenance support, on-wing services as well as technical support. These services will be provided over a period of six years starting from 2019 at ST Engineering’s engine MRO facilities located in Singapore and Xiamen, China.
31/08/18 AviationPros

0 Comments: