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 Aerospace Engines, will provide comprehensive engines maintenance and engineering support over 10 years for Jet Airways’ 143 CFM56-7B engines, which includes the fleet operated by Jet Airways’ low cost carrier subsidiary, JetLite Limited. Work for both airlines will involve off-wing, on-wing and on-site support, as well as fleet technical and asset management support.