ST Engineering secures 15-year MRO contract with Akasa Air

04 Oct 2024 CW Team

Singapore-based ST Engineering has signed a 15-year exclusive Maintenance, Repair, and Overhaul (MRO) contract with India's Akasa Air to service its CFM LEAP-1B engines, which power the airline's Boeing 737 MAX fleet.

As part of the agreement, ST Engineering will provide the first Performance Restoration Shop Visit (PRSV) service for Akasa’s LEAP-1B engines at its Singapore facility. The partnership covers Akasa Air’s current fleet of 25 Boeing 737 MAX aircraft, along with an additional 201 aircraft expected to be delivered over the next eight years.

Earlier this year, Akasa Air signed a separate deal with engine manufacturer CFM International to purchase over 300 LEAP-1B engines to support its expanding fleet of Boeing 737 MAX jets, bringing the airline’s confirmed order book to 226 aircraft.

Daniel Saldanha, Vice President - Maintenance and Engineering, Akasa Air, expressed confidence in ST Engineering’s expertise, stating that the collaboration will ensure peak operational performance and a reliable travel experience for its passengers.

ST Engineering recently announced the successful establishment of testing capabilities for LEAP-1A and LEAP-1B engines at its Singapore facility and is now expanding to include LEAP Performance Restoration Shop Visit services.

Akasa Air, backed by the Jhunjhunwala family, began operations in August 2022 and has since expanded to international routes, including West Asia.

(ET)

Infrastructure Urban

09 Jan 2026

Teknovace, Remmers Forge Rs 3 Bn Deal for Global Coatings Hub

Teknovace has entered into a strategic global partnership with Germany-based Remmers Gruppe SE to build a large-scale, export-oriented wood coatings manufacturing platform in India. As part of the alliance, Remmers will make a strategic equity investment of Rs 3 billion to acquire a 50.01 per cent stake in Teknovace in two tranches, marking one of the largest foreign strategic investments in India’s wood coatings sector.The partnership comes at a time when India’s wood coatings market, valued at around $1.3 billion (Rs 100 billion), is growing at an estimated 11% annually, driven by demand..

Jyoti Structures Commissions Galvanisation at Second Nashik Unit

Jyoti Structures has commissioned galvanisation operations at its second tower manufacturing unit in Nashik, strengthening its in-house capabilities across critical stages of power transmission infrastructure production. The listed Engineering, Procurement and Construction (EPC) company operates globally and has delivered projects for customers across more than 50 countries.The second Nashik unit, with an annual manufacturing capacity of 36,000 metric tonnes, has become operational following the completion of installation, testing and readiness of the new galvanising facilities. With this deve..

Rosatom Connects First Kursk NPP-2 Unit to National Grid

Rosatom has launched the first power unit of the Kursk Nuclear Power Plant-2 (Kursk NPP-2) into Russia’s Unified Energy System, marking a key milestone in the country’s nuclear energy programme. The initial grid connection took place at the end of the year, bringing a new source of low-carbon electricity online for the Kursk region and the broader Central Energy System.The newly commissioned unit is the first implementation of the VVER-TOI reactor design, which incorporates advanced safety and performance features. With an installed capacity of 1,250 MW, it is the most powerful nuclear pow..