ST Aerospace to complete 17 freighter conversions
Singapore Technologies Aerospace has secured new orders, including freighter conversions, worth US$600 million (443 million euros) in the third quarter of 2013.
The orders for ST Aerospace, an arm of Singapore Technologies Engineering, include 17 passenger-to-freighter (PTF) conversions received from an international airfreight carrier, bringing to 119 the total number of aircraft contracted for the Boeing 757-200 PTF conversion program.
In the third quarter, ST Aerospace redelivered 245 aircraft for airframe maintenance and modification work. This is in addition to the five Boeing 757-200 converted freighters redelivered during the quarter.