ST Engineering has secured a five-year nacelle maintenance, repair and overhaul (MRO) agreement with LOT Polish Airlines. The contract value is not disclosed.
According to ST Engineering, the contract is to support the airline's 15-strong Boeing 787 Dreamliner fleet.
"By including predictive maintenance in our partnership, we are able to further strengthen our service consistency and support LOT Polish Airlines in reaching higher cost efficiency and operational resilience," says Henrik Scholtfeldt, head of global nacelle MRO at ST Engineering.
Wiktor Radon, technical operations managing director of LOT Polish Airlines calls this programme a "strategic investment" in operational efficiency and long-term value creation for fleet resilience.
"Predictive maintenance provides measurable advantages: fewer unscheduled events, assured turnaround times, and enhanced aircraft availability — outcomes that underpin our financial objectives and reinforce service continuity for our customers," he adds.
ST Engineering shares closed at $9.38 on Jan 22, down 1.99% for the day but has doubled in the past year.
