ST Aerospace has announced that it was awarded new orders worth SG$780m in Q4 2013, spanning a broad range of capabilities, from airframe, component and engine maintenance, to cabin reconfiguration and engine wash.
The company continued to gain momentum as a turnkey cabin reconfiguration provider, with the award of a cabin interior modification contract for 20 Boeing 767-300 aircraft. The first aircraft was inducted in early January 2014, targeted for redelivery by end of Q1 2014. For VIP cabin reconfiguration, its US affiliate secured its first green aircraft completion contract from an undisclosed European-based VIP Boeing Business Jet customer.
In other contracts, ST Aerospace received its first contract for five 757-200SF converted freighters with a new 15-pallet cargo configuration variant; a six-year contract was also secured with an existing Asian customer for the depot maintenance of its fleet of aircraft, covering airframes, components and engines; a total of 198 aircraft for airframe maintenance and modification work were redelivered; and a new narrow-body hangar was added at its Changi facility, capable of accommodating two single-aisle aircraft simultaneously.
In the US, ST Aerospace’s affiliate STA Mobile signed a Memorandum of Understanding with the City of Pensacola to jointly explore the development of a satellite airframe facility at the Pensacola International Airport.
Other initiatives implemented in 4Q 2013 include the setting up of an aircraft leasing business to focus on mid-life to end-of-life aircraft for leasing, conversion and part out; and the establishment of Hondo Aerospace at the South Texas Regional Airport in Hondo, Texas to venture into green harvesting of aircraft parts, components and engines.
