ST Aero expands to Southern Europe with a new landing gear JV in Madrid.
LONDON—Moving into a well-established market has never been easy, but perseverance is beginning to pay off for Singapore Technologies Aerospace in Europe. Mid-September saw the opening of its seventh workshop in the region, a 50/50 joint venture landing gear overhaul shop with Iberia called Madrid Aerospace Services. Once up and running, this shop will specialize in Airbus landing gears and will complement the Boeing 737-focused gear shop in Oslo that ST Aero acquired in its March 2006 ...
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