ST Aerospace has dissolved investment holding and aircraft leasing business ST Aviation Resources 1 Ltd (STAR1). STAR1, a British Virgin Islands-incorporated business, was a wholly owned dormant subsidiary of ST Aviation Resources. STAR1 was created in 1996 to enter into a JV investment which owned and leased one Boeing 747 to an undisclosed Asian airline. It has been dormant since completion of the aircraft lease program at the end of 2006. ST Aerospace said it does not expect the ...

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