Aerospace Diary

ROTORHUB 04th October 2014 - 20:16 by  Neelam Mathews  in New Delhi  The saga of India’s  cancelled VVIP AW101 helicopter  procurement rumbles on, with Indian Air Force (IAF) now looking at upgrading around nine Mi-17 V5s for VVIP use.  Some of the helicopters will be ready for VVIP operations in six months, said Chief of Air Staff ACM Arup Raha, while addressing the media on the 82nd anniversary of the IAF. India cancelled the AW101 deal with AgustaWestland in January following allegations of wrongdoing and has since recovered the 45% advance it paid. The three AW101s already delivered were until a few months ago flying sparingly due to lack of rotables but are now fully grounded............................................ While the IAF will upgrade the Mi-17V5s at its .............................Read more on Shephardmedia

Neelam Mathews Dec 20, 2012 ST Aerospace today announced that it has injected an additional $73.5m into the capital of wholly-owned subsidiary, ST Aerospace Rotables Pte. Ltd. (STAR).  This brings ST Aerospace’s total share capital contribution in STAR to $75m (S$91.6m).   STAR will utilise the additional funds to build up the rotables asset pool as it broadens the scope of its component total support capability.  Established in September 2012 in Singapore, STAR is a global asset services company that focuses on rotable assets leasing, asset trading, rotables loan and exchange.  It will also be leasing assets to support the aerospace sector’s Maintenance-By-the-Hour program..  

Neelam Mathews Oct 10, 2012 Given the high taxes throttling India's MRO industry, it might do India some good to learn from Singapore's MRO report card. ST Aerospace today announced it has secured new contracts worth about S$590m in the third quarter of 2012.  This total contract value is in addition to the component repair management Maintenance-By-the-Hour (MBH) contract worth about US$80m (approximately S$102m) awarded by AirAsia in July this year.   The contracts are for airframe, component and engine maintenance and engineering design support, which will be carried out through its global network.     During the quarter, ST Aerospace redelivered its first VIP Boeing Business Jet, a contract secured for B level check and interior modifications.  Additionally, it completed airframe maintenance and modification work for 156 aircraft.  For passenger-to-freighter conversions, it redelivered three converted Boeing 757-200 freighters to FedEx Expres...