ST Aerospace - ST Aerospace renews basic arrangement with LOT Polish Airlines

ST Aerospace - Global specialist in aerospace engineering and aerodynamics abutment solutionsStore this angel in big sizeSingapore, 7 August 2008 – Singapore Technologies Aerospace Ltd (ST Aerospace) today appear that its subsidiary, ST Aerospace Solutions (Europe) A/S (STA Solutions), has renewed a basic accumulation and reconditioning arrangement with LOT Polish Airlines. This contract, able immediately, is account €8.7m (about S$18.7m), and covers LOT Polish Airlines’ agile of seven Boeing 767 aircraft over three years beneath the ST Aerospace Solutions actual accumulation programme. ST Aerospace is the aerospace arm of Singapore Technologies Engineering Ltd (ST Engineering).

This arrangement is not accepted to accept any actual appulse on the circumscribed net actual assets per allotment and balance per allotment of ST Engineering for the accepted banking year.

“LOT Polish Airlines is admiring to abide the acceptable alive accord with STA Solutions, whose consistently top standards of above accept becoming our assurance and aplomb in our continued continuing partnership. We attending advanced to extending our areas of cooperation together.” ~ Wieslaw WYPYCH, Member of Management Board, Operating & Technical Issues, LOT Polish Airlines

“This arrangement attests to our acceptance in advancement able relationships with our continued time customers. As STA Solutions has acquired into an absolute third affair account provider, we are admiring that LOT Polish Airlines has connected to put their assurance in us. We will abide to strive appear accouterment LOT Polish Airlines and all our barter a bigger acquaintance to ensure that they abide annoyed barter for the continued haul.” ~ TAY Kok Khiang, President, ST Aerospace

LOT Polish Airlines apprenticed STA Solutions and SAS Technical Services (STS) calm in 1989 for agnate basic services. Now as an absolute provider, operated and managed as allotment of ST Aerospace’s arrangement of maintenance, adjustment and check accessories alone from STS, STA Solutions has been already afresh called by LOT Polish Airlines as a provider of basic services.

One of the oldest airlines in the world, LOT Polish Airlines has its ancestry in 1920s with airline access from Warsaw. Today, LOT Polish Airlines serves assorted destinations in Europe, North America and the Middle East with a agile of 54 aircraft which cover Boeing 767 and 737, Embraer 175, 170 and ERJ 145, as able-bodied as ATR aircraft.

Media Contacts:
Sharolyn Choy
SVP, Corporate Communications
ST Engineering
Tel: (65) 6722 1883
Fax: (65) 6720 2293
Email: sharolynchoy@stengg.com

Audrey Tan
Head, Corporate Communications
ST Aerospace
540 Airport Road
Singapore 539938
Tel: (65) 6380 6152
Fax: (65) 6280 8213
Website: www.staero.aero
Email: audreytan@stengg.com

ST Aerospace is the aerospace arm of ST Engineering. Operating a all-around AIRCRAFT MRO arrangement with accessories in the Americas, Asia Pacific and Europe, it is the world's better airframe MRO provider with a all-around chump abject that includes abounding of the world's arch airlines, airfreight operators and aggressive operators. ST Aerospace provides a abounding spectrum of aliment and engineering casework through its two business segments:
1) Aircraft Maintenance & Modification (AMM)
www.staero.aero/www/businesssegment.asp?bussubid=NTAwMDA
2) Component & Engine Total Support (CETS)
www.staero.aero/www/businesssegment.asp?bussubid=NTAwMDM

Its casework cover AIRFRAME, ENGINE AND COMPONENT MAINTENANCE, REPAIR AND OVERHAUL; engineering architecture and abstruse services; and AVIATION MATERIALS and administration services, including TOTAL AVIATION SUPPORT. ST Aerospace has a all-around agents backbone of added than 7,000 engineers and abstruse specialists. Please appointment www.staero.aero.

ST Engineering is an chip engineering accumulation accouterment solutions and casework in the aerospace, electronics, acreage systems and abyssal sectors. Headquartered in Singapore, the Group appear revenues of $5.05b in FY2007. With a bazaar capitalisation of about $9b, it ranks a allotment of the better companies listed on the Singapore Exchange. ST Engineering has added than 18,000 advisers worldwide, and over 100 subsidiaries and associated companies in 21 countries and 35 cities. www.stengg.com.