ST Engineering inks $415m worth of contracts in 4Q15

Including its deal with Air Canada.

The integrated engineering group ended 2015 with hefty deals as it secures contracts for projects ranging from airframe maintenance and cabin interiors reconfiguration to engine wash and landing gear overhaul.

According to a press release by ST Engineering, the value includes the recent cabin reconfiguration deal with Air Canada, landing gear maintenance contract from Scandinavian Airlines and its heavy maintenance contract Virgin Galactic’s 747-400.

ST Engineering says the new contracts include line and heavy airframe maintenance agreements for various customers, supporting aircraft types such as Airbus 300, A320, Boeing 747-400, 757, 767, 777 and MD-10, as well as cabin interior modifications of an international airline’s fleet of E175.

“For component support, in addition to the landing gear maintenance contract from the Scandinavian Airlines fleet of Boeing 737-600/700/800 and Bombardier CRJ900 aircraft, ST Aerospace secured several ATR landing gear overhaul contracts from customers in the Asia Pacific region. The aerospace arm also won additional contracts for landing gear services with ASEAN airline operators, and expanded its engine component support for East Asian customers,” the press release said.

Meanwhile, the aerospace sector also redelivered a total of 308 aircraft for airframe maintenance and modification work in 4Q, including the redelivery of two converted freighters to SF Airlines.

“On aircraft capability, the aerospace sector’s airframe facility in Guangzhou received maintenance organisational approval from the Korean Office of Civil Aviation for Boeing 737NG aircraft, extending the geographical range of its maintenance capabilities,” the statement said.

“On component MRO, the aerospace sector added new capabilities for the Boeing 787 electrical systems, and continued induction of high value repair capabilities for both wide-body and narrow-body aircraft platforms,” it added.