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Press Releases from ST Aerospace (8 total)

ST Aerospace pilot training unit acquires flying school in Australia for A$120,0 …

Singapore Technologies Aerospace Ltd (ST Aerospace) today announced that Aviation Training Academy Australia Pty Ltd (ATAA), a wholly-owned subsidiary of ST Aviation Training Academy Pte Ltd (STATA), has acquired 100% of Bruce Hartwig Flying School for a total cash consideration of A$120,000 (about S$155,000). The consideration was arrived at on a willing buyer, willing seller basis. STATA is a subsidiary of ST Aerospace, the aerospace arm of Singapore Technologies Engineering

ST Aerospace completes MD-11BCF conversion programme for UPS

Singapore Technologies Aerospace Ltd (ST Aerospace) today announced the redelivery of the 38th MD-11 Boeing Converted Freighter (BCF) to UPS Airlines after completion of its PASSENGER-TO-FREIGHTER (PTF) CONVERSION at its Singapore-based facility, ST Aviation Services Company Pte Ltd (SASCO). This also marks the successful completion of the MD-11 PTF conversion programme for UPS Airlines. SASCO began the PTF conversion programme for UPS Airlines in April 2001. To date, SASCO

ST Aerospace renews component contract with LOT Polish Airlines

Singapore, 7 August 2008 – Singapore Technologies Aerospace Ltd (ST Aerospace) today announced that its subsidiary, ST Aerospace Solutions (Europe) A/S (STA Solutions), has renewed a component supply and reconditioning contract with LOT Polish Airlines. This contract, effective immediately, is worth €8.7m (about S$18.7m), and covers LOT Polish Airlines’ fleet of seven Boeing 767 aircraft over three years under the ST Aerospace Solutions material supply programme. ST Aerospace

ST Aerospace redelivers first converted 757-200 to RNZAF

Singapore, 4 August 2008 – Singapore Technologies Aerospace Ltd (ST Aerospace) today celebrated the redelivery of the first of two 757-200 aircraft to the Royal New Zealand Air Force (RNZAF). In November 2005, ST Aerospace announced it won a US$38m (about S$52m) contract from the New Zealand Ministry of Defence that involved design, development and conversion to multirole configurations, including a PASSENGER TO FREIGHTER CONVERSION, an AVIONICS upgrade programme and

ST Aerospace signs comprehensive engine and material support agreements with CFM

FARNBOROUGH, England, 14 July 2008 – CFM International (CFM) has inked a series of agreements with Singapore Technologies Aerospace Ltd (ST Aerospace) in support of ST Aerospace’s CFM56-3, CFM56-5B and CFM56-7B MAINTENANCE, REPAIRS AND OVERHAUL (MRO) operations. These agreements include a comprehensive 10-year materials services agreement that encompasses component repairs and the provision of both new and used serviceable materials for life-limited and non-life limited parts for the CFM56 engine.

ST Aerospace inks global cooperation agreement with GE Aviation

FARNBOROUGH, England, 14 July 2008 – GE Aviation (GE) and Singapore Technologies Aerospace Ltd (ST Aerospace) have signed an agreement for global cooperation. This agreement underlines the commitment from GE and ST Aerospace to seek opportunities to cooperate and complement each other’s core competencies to offer cost effective and enhanced solutions to customers of GE and ST Aerospace. The areas of cooperation broadly include: (a) Engine maintenance, repair and overhaul (MRO)

ST Aerospace acquires remaining shareholding in ST Aerospace Solutions (Europe) …

Singapore, 27 June 2008 – Singapore Technologies Aerospace Ltd (ST Aerospace) today announced that it has completed the purchase of SAS AB’s (SAS) 28.7% shareholding in ST Aerospace Solutions (Europe) A/S (STA Solutions) for a sum of €28.3m, which was arrived at based on fair market value agreed between both parties. The purchase follows the exercise of a put option by SAS pursuant to the Shareholders’ Agreement entered into

World's first 767-300 Boeing Converted Freighter goes to ANA

SINGAPORE, June 16, 2008 – Singapore Technologies Aerospace Ltd (ST Aerospace), Boeing [NYSE: BA] and All Nippon Airways (ANA) celebrated the completion and certification of the first 767-300 Boeing Converted Freighter (BCF) at a redelivery ceremony held in Singapore today. Boeing launched the 767-300BCF passenger-to-freighter conversion (PTF) programme in 2005 with three firm orders and four options from ANA. Since then, ANA has exercised all the options,

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