ST Aerospace and AirAsia Bhd have signed a 10-year agreement for component repair management maintenance-by-the-hour (MBH) for the low-cost airline’s Airbus A320 aircraft. In a joint announcement today, ST Aerospace and AirAsia Bhd said the agreement is worth approximately US$80 million (US$1 = RM3.19). ST Aerospace is currently supporting AirAsia on an existing MBH programme for 100 A320 aircraft. Continue reading →