ST Aerospace bags $472m deal from Indian carrier Jet Airways

It’s a six-year engine maintenance contract.

ST Aerospace has signed an agreement for a six-year engine maintenance contract worth approximately $472m (US$350m) from Jet Airways, India’s second-largest airline.

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.

This contract extends an existing ten-year CFM56-7B engine maintenance agreement signed in 2010.