ST Engineering Aerospace has inked an agreement with an unnamed "major" North American carrier to provide heavy maintenance services on a fleet of 160 narrowbody and widebody aircraft.
The deal, valued at $600 million, will start in 2020 and run for for 10 years. ST Engineering Aerospace will provide the maintenance services at its facilities in San Antonio and Pensacola.
“We are delighted that this existing customer, whom we have worked closely with for many years, has decided to continue entrusting us with maintaining their aircraft, and take that relationship further by placing an additional aircraft type under our care. Long-term partnerships such as this allow us to build a deep understanding of our customers’ needs to better support them as their fleet size grows,” says Lim Serh Ghee, president of ST Engineering Aerospace.
Cirium's Fleets Analyzer shows that the MRO has existing maintenance contracts with American Airlines and FedEx.
Source: Cirium Dashboard