ST Engineering and Temasek to launch narrow-body freighter aircraft leasing JV in Singapore

Romain Guillot

2021/05/20 | 411 words | LE JOURNAL DE L'AVIATION | MAINTENANCE / MRO
ST Engineering and Temasek to launch narrow-body freighter aircraft leasing JV in Singapore © ST Engineering

Singapore Technologies Engineering (ST Engineering) and Singapore investment fund Temasek announce their intention to create a 50-50 joint venture dedicated to the leasing of cargo aircraft in order to meet the growing demand of the global market.

The new JV has set itself the goal of owning a portfolio of second-hand passenger aircraft worth $ 600 million within five years, aircraft that will be converted into full-freighter aircraft to meet the strong market demand, particularly through...(…)

This article is available on « Le Journal de l'Aviation »

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