ST Engineering and Quickstep Form Partnership to Provide Nacelle MRO Solutions in Australasia

To provide airline operators in the Australasia region with greater breadth and depth in aircraft engine nacelle MRO (maintenance, repair and overhaul) solutions, ST Engineering's Commercial Aerospace business and Quickstep Holdings ("Quickstep") have entered into a partnership to bring together their complementary capabilities to service the region out of facilities in Australia.

Under the partnership, ST Engineering and Quickstep will establish a regional nacelle pool in Australia that can service a wide range of Airbus and Boeing aircraft platforms. Quickstep will conduct the day-to-day operations for the services at its aerospace manufacturing and MRO facilities in Australia, which include a 16,000 sqm composite manufacturing plant at Bankstown Airport in Sydney and an MRO facility at Melbourne Airport. ST Engineering will leverage its MRO capabilities in nacelles and aerostructures to provide the necessary engineering support, and help Quickstep enhance their operational delivery, quality and nacelle capabilities especially for new-generation aircraft to better meet customers' needs.

Goh Poh Loh, Executive Vice President and Head of Component Services at ST Engineering, said, "This is a significant partnership that will help ST Engineering establish a nacelle MRO presence in Australasia to better support our customers in the region. By pooling the resources and expertise of ST Engineering and Quickstep in Australia, the partnership will benefit airline operators which can look forward to shorter lead times and savings in overall logistics cost during servicing."

Mark Burgess, Quickstep Managing Director and CEO said, "ST Engineering is one of the world's most well-regarded aerospace businesses, Quickstep has a unique and growing capability footprint in Australia, the partnership between these two companies will offer regional airlines a range of services they have not benefitted from before. Our joint solution also promises to offer significant reductions in carbon emissions as the industry works toward net zero. We are delighted to announce this partnership and look forward to a strong growth outlook for both companies in the Australasia market."

Recognised worldwide for its hallmark component MBH™ programmes, ST Engineering supports more than 1,000 aircraft and provides integrated component solutions for over 23,500 unique aircraft parts. ST Engineering is also the authorised service centre to over 20 leading OEMs. Its Commercial Aerospace business provides round-the-clock support and delivers more than 80,000 components annually from its component MRO facilities located in Asia and Europe. Its global nacelles MRO services currently operate out of facilities located in the US, Asia and Europe.