July 12, 2012
ST Aerospace seals component repair management MBH contract with AirAsia
ST Aerospace and AirAsia jointly announced that the companies have signed a 10-year agreement worth approximately US$80m (S$102m). The contract involves component repair management Maintenance-By-the-Hour (MBH) support for 75 of AirAsia’s Airbus A320 aircraft, and is expected to commence immediately. ST Aerospace is currently supporting AirAsia on an existing component repair management MBH programme for 100 A320 aircraft. With this contract, ST Aerospace will effectively support 175 of AirAsia’s A320 aircraft.