ST Aerospace signs $750 million engine MBH contract
ST Aerospace has been awarded a Maintenance-By-the-Hour (MBH) contract by Jet Airways (India) for the support of Jet Airways’ CFM56-7B engines that power Jet Airways’ and JetLite’s fleet of 67 Boeing 737 next generation aircraft. The contract is worth $750 million (S$1.0b) and will commence immediately. Under the agreement, ST Aerospace’s wholly owned subsidiary, ST …
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