ST Aerospace signed a joint venture agreement with Aviation Training Academy Singapore to establish a commercial pilot training academy, expanding its training business beyond maintenance and the military to take advantage of projected increases in commercial pilots in the Asia/Pacific region. The JV, to be called ST Aviation Training Academy, will be 70%-owned by ST Aerospace with ATAS holding a 30% stake. Total investment from the two companies to launch the entity is estimated at $5.2 ...

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