ST Aerospace (ST) has won a 10-year component repair management contract with AirAsia (AK) valued at S$102 million ($80 million) to cover 75 Airbus A320s under a maintenance by the hour (MBH) program. ST already supports 100 of AK’s 175 A320s with component repair MBH. “Through high aircraft utilization and paramount importance placed on flight safety and quick turnaround time, AK has managed to achieve high efficiency in operations to keep our costs low,” AirAsia Group ...

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