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.
ST Engineering a global and diverse aerospace services provider to 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 its 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, 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 costs during servicing.”
Recognized worldwide for its hallmark component MBH programs, 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 authorized service center for 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 U.S., Asia, and Europe.
Mark Burgess, Managing Director and CEO, Quickstep said, “ST Engineering is one of the world’s most well-regarded aerospace businesses, Quickstep has a unique and growing capability footprint in Australia, and 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.”
ST Engineering is a global technology, defense, and engineering group with a diverse portfolio of businesses across the aerospace, smart city, defense, and public security segments. The group harnesses technology and innovation to solve real-world problems, enabling a more secure and sustainable world. Headquartered in Singapore, it has operations spanning Asia, Europe, the Middle East, and the U.S., serving customers in more than 100 countries.
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ST Engineering reported revenue of $9 billion in FY2022 and ranks among the largest companies listed on the Singapore Exchange. It is a component stock of MSCI Singapore, FTSE Straits Times Index, and Dow Jones Sustainability Asia Pacific Index. The company’s wide-ranging expertise and global presence make it a key player in various industries critical to modern society.
