Singapore Technologies Engineering Ltd’s (ST Engineering) aerospace arm Singapore Technologies Aerospace Ltd (ST Aerospace) today announced that its subsidiary Elbe Flugzeugwerke GmbH (EFW) will be setting up a new subsidiary in Kodersdorf, Germany, with a planned equity of €5.5m (approximately S$8.5m).
The new company will be responsible for the production of lightweight components, mainly comprising floor panels and cargo linings, for single aisle Airbus aircraft. The facility will supplement EFW’s existing production line in Dresden, Germany, as EFW expands its component production business.
Occupying a land area of 30,000sqm, with planned investment of about €40m (approximately S$61.5m), the new facility will house a component manufacturing factory, furnished with new equipment and toolings. Component production at the new facility is planned to commence by first half of 2018. The new subsidiary is expected to create about 100 new jobs by end 2018.
Based in Dresden, Germany, EFW is a 55:45 joint venture of ST Aerospace and Airbus Group. EFWcombines various aviation and technology activities under one roof, including passenger-to-freighter aircraft conversions, maintenance and repair of Airbus aircraft, and the development and manufacturing of flat fibre-reinforced composite components for structures and interiors of the entire Airbus family of aircraft. It is the exclusive supplier of composite flat sandwich panels to Airbus.
The setting up of the new company is not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of ST Engineering for the current financial year.
FL Technics subsidiary FL Technics LLC, which provides Line Maintenance services across the Middle East, has expanded its approved capabilities by adding Airbus A350, Boeing 777, Boeing 787, and Boein...
In September 2026, General Atomics AeroTec Systems will put a major focus on Africa. With two trade show appearances, the German aircraft manufacturer is highlighting the strategic importance of...
EHang launches its Global Fast Track Program — a structured and accelerated pathway for the assessment and introduction of pilotless eVTOL operations in international markets. Sri Lanka is...
ATR identified 209 new domestic air routes in Indonesia that would be economically viable if served by regional turboprop aircraft. Total demand for these routes is 16 million passengers per...
