Singapore Technologies Engineering Ltd (ST Engineering) has announced that its aerospace arm, Singapore Technologies Aerospace Ltd (ST Aerospace), has signed an agreement for a six-year engine maintenance contract worth approximately US$350m (approximately S$472m) from India’s second largest airline Jet Airways and its subsidiary JetLite.
ST Aerospace will provide an integrated suite of engine maintenance, repair and overhaul (MRO) services, for the CFM56-7B engines which power both Jet Airways’ and JetLite’s fleet of Boeing 737-Next Generation aircraft. ST Aerospace will perform the off-wing engine maintenance support, on-wing services, as well as technical support, at its engine MRO facilities located in Singapore and Xiamen, China.
“Jet Airways has had a long and dependable working relationship with ST Aerospace for maintenance support of our aircraft fleet,” said Mr Cramer Ball, CEO of Jet Airways. “We are happy to further extend this partnership, fully confident that our engines are in reliable hands.”
This contract extends an existing ten-year CFM56-7B engine maintenance agreement signed in 2010. This reinforces the strong partnership between ST Aerospace and Jet Airways, which started 22 years ago when ST Aerospace first provided component services to the latter’s Boeing 737 Classic aircraft. Through the years, ST Aerospace’s support to the airline grew beyond component services to cover airframe and engine services.
“We are honoured by Jet Airways’ vote of confidence in ST Aerospace,” said Mr Lim Serh Ghee, President of ST Aerospace. “The fact that our customer has given us the opportunity to support their operational requirements time and again over the past two decades, speaks of a strong and trusted partnership between ST Aerospace and Jet Airways. ST Aerospace is fully committed to building this relationship, in support of the airline’s growing operations.”