ST Engineering to support MRO services for Airbus' regional C295 fleet
Airbus and ST Engineering agree to collaborate on MRO of regional C295 tactical aircraft fleets.
European aerospace leader, Airbus, and Singapore Technologies Engineering S63
(ST Engineering) have agreed to collaborate towards providing maintenance, repair and overhaul (MRO) services for the former’s C295 tactical transport aircraft, to support the Asia-Pacific (APAC) users of Airbus' medium tactical airlifter fleet.
ST Engineering will support regional C295 fleets with depot-level maintenance and turnkey solutions at its existing facility in Singapore, as Airbus continues to extend its footprint in APAC.
Within APAC, the C295 is being used by the Royal Brunei Air Force, Royal Thai Army, Philippine Air Force, Vietnam People’s Air Force, Indonesian Air Force, Indonesian Police, and Bangladesh Army.
“ST Engineering has been a long time partner across Airbus’ business lines, and we are pleased to extend this collaboration where we leverage its established strength in MRO. We look forward to this centre of excellence supporting our C295 operators in Asia-Pacific with efficiency, cost effectiveness and quality,” says Zakir Hamid, head of APAC Airbus defence and space, in a statement today.
Sarbjit Singh, president of defence aerospace, ST Engineering, adds: “With this latest collaboration with Airbus, we are extending our MRO solutions in tactical airlifters to the C295 platform. Working closely with Airbus, we will harness our deep experience and capabilities in MRO to contribute to the mission success of C295 operators in the region.”
Shares in ST Engineering closed flat $3.92 on Feb 21.
See Also:
Click here to stay updated with the Latest Business & Investment News in Singapore
ST Engineering wins contract to upgrade Singapore navy frigates
RHB Bank Singapore expects ST Engineering to sustain full-year DPS of 16 cents
RHB keeps ‘buy’ on ST Engineering as it sees its share price outperformance continuing
Get in-depth insights from our expert contributors, and dive into financial and economic trends