Asia/Pacific

ST Engineering divest pilot training business to Vaayu Aerospace

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ST Engineering divest pilot training business to Vaayu Aerospace

Singapore Technologies Engineering Ltd (ST Engineering) has divested its pilot training business in the USA through the sale of all of its shares in Aviation Academy of America (AAA) and VT Aviation Services (VTAS) to Vaayu Aerospace. The share sale is completed at a cash consideration of US$1.5m (a...

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