ST AEROSPACE CELEBRATES THE SUCCESS OF ITS MAINTENANCE-BY-THE-HOUR PROGRAMMES AT SINGAPORE AIRSHOW 2014

Singapore, 11 February 2014 – ST Aerospace, the world’s leading
maintenance, repair and overhaul (MRO) company, celebrates the success of
its trademarked Maintenance-By-the-Hour (MBH™) programmes at Singapore
Airshow 2014. Currently supporting over 20 aircraft operators with fleets
operating in Asia Pacific, Europe and the Middle East, ST Aerospace’s two
latest contract wins are for the support of over 100 Airbus A320 aircraft
in Asia Pacific. Scope of support includes component repair management,
and/or pool access and stock consignment. This brings the combined
aircraft fleet that ST Aerospace supports under MBH™ to nearly 900 aircraft
globally, out of which more than 600 aircraft belong to the Airbus A320 and
Boeing 737NG narrow-body families.

For the range of support services selected, the airline pays at a
predictable flight per hour rate. Customers are thus able to keep
operating costs low and minimise fixed asset inventory holdings in terms of
spares or maintenance equipment. With a global network of distribution
centres and satellite stores, customers can be ensured of a constant and
timely supply of spares and maintenance support, increasing operational
efficiency and reducing aircraft down time.

“At ST Aerospace, we pride ourselves on being able to provide customers
with innovative custom-made solutions which can bring long term value to
their operations. For our MBHTM programmes, our value propositions are
simple: value for money, cost efficient, immediate availability of spares
and a simplified supply chain with a single point of contact.”
~ CHANG Cheow Teck, President, ST Aerospace

Renowned for its flexible and dependable contracting arrangements, ST
Aerospace’s MBH™ programmes have helped many airlines, especially low cost
carriers, to better manage their cost structure and add value to their
business objectives. Within its global network, ST Aerospace’s facilities
in Singapore and London have dedicated teams to support its global MBH™
programmes.