The contract covers all 36 Leap 1Bs operated by group carriers Lion Air, Batik Air, Batik Air Malaysia and Thai Lion Air in Indonesia, Malaysia and Thailand.
Singapore-headquartered maintenance, repair and overhaul company ST Engineering secured SG$2.3 billion ($1.7 billion) in contracts in the second quarter.
As business in the commercial aftermarket is continues to pick up, MROs double down on building supply chain and capacity readiness to meet growing demand.
Boeing and ST Engineering have agreed to explore setting up a P-8 Poseidon services and sustainment center in Singapore to support the maritime patrol aircraft.
ST Engineering's first quarter report shows its commercial aerospace segment had 29% year-on-year recovery, its revenue surpassing 2020 pre-COVID levels.
ST Engineering has signed a three-year agreement with Safran, one half of the CFM company, to provide quickturn maintenance offload support for Leap 1A engines.
Poh Loh Goh, EVP/head of component services in the commercial aerospace MRO division at ST Engineering, talks about its recent LEAP-1A licensing agreement.