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ST Aerospace Clinches CFM56-7B Engine Maintenance Contract

Singapore Technologies Engineering Ltd (ST Engineering)'s aerospace arm, ST Aerospace today announced it has been awarded a contract to support Korean low fare airline Eastar Jet's CFM56-7B engines over 10 years.  With a contract value of about US$15m (S$18.8m) per year, the agreement covers Eastar Jet's current fleet of six Boeing 737 Next-Generation aircraft as well as the additional Boeing 737 Next-Generation aircraft that Eastar Jet would be introducing into the fleet.  Eastar Jet plans to increase its Boeing 737 Next-Generation fleet to 26 by 2021.

Under the agreement, ST Aerospace will provide Eastar Jet with an integrated suite of engine maintenance, repair and overhaul (MRO) services including off-wing engine maintenance support, on-wing services, technical support and spare engine support.  Eastar Jet's engines will be maintained by ST Aerospace's engine facilities located in Singapore and Xiamen, China.

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Source : Singapore Technologies Engineering Ltd (SGX: ST Engg)

Published on ASDNews: Feb 14, 2012


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