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IN THE NEWS

ST Aerospace seals US$350m deal

ST Aerospace, the aerospace arm of Singapore Technologies Engineering (ST Engineering) has sealed a six-year engine maintenance contract worth some US$350 million with India's second-largest airline Jet Airways and its subsidiary JetLite. This contract extends an existing 10-year CFM56-7B engine maintenance agreement signed in 2010. Under the new contract, ST Aerospace will provide an integrated...


Changi Airport's T5 will be 10 times as big as VivoCity

Coming your way soon - one of the largest man-made structures you have seen in Singapore. It is difficult to conceive, but imagine this: Changi Airport's future Terminal 5 will be about 10 times as big as Singapore's largest shopping mall, VivoCity. Talks are already afoot on how this multibillion-dollar facility should be funded. Current plans, based on air traffic projections, are for a...


SME's aerospace venture takes off

DIVERSIFYING into an entirely new business area is no easy task for small and medium-sized enterprises (SMEs), but it can sometimes pay off handsomely. Home-grown Proway Engineering Plastic started out producing plastics for the consumer electronics sector. Now, it gets a growing share of its revenue from the aerospace industry, which it ventured into two years ago. It could have been a very...


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