ST ENGINEERING’S AEROSPACE ARM SECURED COMPONENT MBH™ CONTRACT FROM SOLASEED AIR

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ST Engineering’s Aerospace Arm Secured Component MBH™ Contract from Solaseed Air

Singapore, 17 July 2018 – ST Engineering today announced that its Aerospace arm, ST Engineering Aerospace has secured a multi-year component Maintenance-By-the-Hour (MBH™) contract from Solaseed Air, which will see the company continuing its support in component maintenance for the airline. Under the new agreement, ST Engineering Aerospace will expand its scope of component support services for the airline’s fleet of Boeing 737-800s.

Mr Takeo Kikuchi, Executive Vice President of Maintenance & Engineering, Solaseed Air, said, “We are very happy to extend our agreement with ST Engineering Aerospace for component support. The excellent service support and strong relationships between our staff proves decisive to select ST Engineering Aerospace as our partner while we expand our fleet. We expect that our close working relationship will continue to improve.”

Mr Lim Serh Ghee, President of ST Engineering’s Aerospace sector, said, “We are happy that Solaseed Air has chosen to continue the partnership with ST Engineering Aerospace for their component maintenance needs, which have changed through their fleet growth and maintenance planning. Such long-term partnerships enable us to fulfil our proposition in providing highly flexible and customised MBH™ programme to meet the evolving needs of our customers, while they can also continue to expect the same, if not greater, level of care and dedication from us.”

ST Engineering Aerospace’s trademarked MBH™ programme is supported by a global network of distribution centres, satellite stores and repair shops both in-house and external. Through customised MBHTM programmes, airlines can select a range of support services and pay a corresponding flight hour rate. This way, operators are able to keep operating costs low and also minimise fixed asset inventory holdings in terms of spares or maintenance equipment.

Today, ST Engineering Aerospace provides integrated component support for a fleet of more than 600 aircraft on the MBH™ basis, servicing over 20 aircraft operators in Asia Pacific, Europe and the Middle East. In Asia alone, over 10 airlines have selected ST Engineering Aerospace as their preferred component solutions service provider.

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