1 September, 2018: Singapore Technologies Engineering Ltd (ST Engineering) announced that its Aerospace sector has signed an agreement to provide CFM56-7B engine maintenance, repair and overhaul (MRO) services for Jet Airways and its subsidiary, JetLite’s Boeing 737NGs fleet. This agreement is an add-on to an earlier contract announced on 18 June 2015 which initially covers only a portion of the airlines’ 737NG fleet. With the most recent agreement, Jet Airways’ and JetLite’s entire fleet of 80 737NGs will be covered, upping the contract value from the initial US$350m (approximately S$478m) to a total of about US$700m (approximately S$957m).
As part of the contract, ST Engineering will provide an integrated suite of engine MRO solutions, including off-wing engine maintenance support, on-wing services as well as technical support. These services will be provided over a period of 6 years starting from 2019 at ST Engineering’s engine MRO facilities located in Singapore and Xiamen, China.