Contributed by: Don WinnerSingapore, 16 May 2007 – Singapore Technologies Aerospace Ltd (ST Aerospace) today announced that its subsidiary, Panama Aerospace Engineering Inc (PAE), has inducted its first aircraft on 12 May 2007, after receiving their certification by Panama’s Autoridad Aeronáutica Civil (AAC). This first aircraft is a Boeing 737-700, and it comes from Copa Airlines for a 4C check and additional modifications. This announcement is a follow up to its previous announcement in August 2006, when ST Aerospace secured a lease agreement with the Agencia del Área Económica Especial Panamá-Pacífico (AAEEPP) and a maintenance service agreement from Panama’s national carrier, Copa Airlines, for its current fleet of 22 B737 aircraft. PAE, a wholly-owned subsidiary of ST Aerospace, is part of ST Aerospace’s global network of facilities and complements ST Aerospace’s facilities, MAE in Mobile, Alabama, and SAA in San Antonio, Texas. ST Aerospace is the aerospace arm of ST Engineering. Operating a global MRO network with facilities in Asia Pacific, Europe and the US, it is the world's largest airframe MRO with a global customer base that includes many of the world's leading airlines, airfreight operators and military operators.
ST Aerospace provides a full spectrum of maintenance and engineering services through its two business segments: Aircraft Maintenance & Modification (AMM) and Component & Engine Total Support (CETS). Its services include airframe, engine and component maintenance, repair and overhaul; engineering design and technical services; and aviation materials and management services, including Total Aviation Support. ST Aerospace has a global staff strength of more than 6,000 engineers and technical specialists. Please visit www.staero.aero.