Harry Callahan
Veteran
zonecontroller said:
Ya gotta love that one
Airbus Ruling
- Thread starter 700UW
- Start date
Ya gotta love that one
local 12 proud
Veteran
- Mar 5, 2004
- 4,265
- 4
would just like to say congrats to my fellow AMT brothers at usair, though this decision may not help stop the loss of jobs you guys stood your ground and WON! the decimation of aircraft mechanics jobs in this country will come back to bite the airlines in a big way!
EyeInTheSky
Veteran
zonecontroller said:
Perhaps, he's out fetching bones for Bruce?
- Thread Starter
- Thread starter
- Banned
- #35
From MAE News
US AIRWAYS SIGNS MAINTENANCE CONTRACT WITH ST AERO FOR 10 AIRBUS AIRCRAFT
Singapore - 09 Oct 2003 – Singapore Technologies Aerospace (ST Aero), the aerospace arm of Singapore Technologies Engineering (ST Engg), announced today that its subsidiary, ST Mobile Aerospace Engineering (MAE), Inc., has signed an agreement with US Airways to perform heavy maintenance work on its fleet of 10 A319 and A320 aircraft. The work is expected to commence this quarter and will be completed over 3 months. The agreement is approximately S$10 million.
This agreement is not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of ST Engg for the current financial year.
"MAE has a proven track record for heavy maintenance work for a significant number of major commercial airlines and cargo carriers. We are honoured that US Airways has selected us in view of our experience in the A320 and performance records. This is a tribute to the quality work performed by MAE employees."
$10,000,000.00 SGD converts into $5,940,005.97 USD
10 planes at $5,940,005.97 = $594,000.597
Please explain to me how my figures are wrong.
Money Conversion
US AIRWAYS SIGNS MAINTENANCE CONTRACT WITH ST AERO FOR 10 AIRBUS AIRCRAFT
Singapore - 09 Oct 2003 – Singapore Technologies Aerospace (ST Aero), the aerospace arm of Singapore Technologies Engineering (ST Engg), announced today that its subsidiary, ST Mobile Aerospace Engineering (MAE), Inc., has signed an agreement with US Airways to perform heavy maintenance work on its fleet of 10 A319 and A320 aircraft. The work is expected to commence this quarter and will be completed over 3 months. The agreement is approximately S$10 million.
This agreement is not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of ST Engg for the current financial year.
"MAE has a proven track record for heavy maintenance work for a significant number of major commercial airlines and cargo carriers. We are honoured that US Airways has selected us in view of our experience in the A320 and performance records. This is a tribute to the quality work performed by MAE employees."
$10,000,000.00 SGD converts into $5,940,005.97 USD
10 planes at $5,940,005.97 = $594,000.597
Please explain to me how my figures are wrong.
Money Conversion
Kev3188
Veteran
Congrats!!!!!
ringmaruf
Veteran
Congratulations!
700UW said:
700UW it's your day, no doubt. I sincerely hope it works out for you guys. After all the crap they dropped on everyone this is truly sweet.
To jack mama: Go piss on someone else's party.
To David Castelveter: I always thought of you as a class A Ice Hole and your latest BS proves it.
U
UAL_TECH
Guest
700UW said:
Congratulations!!!
Best of luck to us 'ALL'!!!
Take Care,
UT
NeedForSpeedNFS
Veteran
- Mar 12, 2004
- 517
- 0
Great News!!....All of us in the IAM knew the answer to this one LONG AGO!!!!! HOWEVER..... We are in BK, and I don't trust ANYONE in this Mngmt team!!! As far as a monetary settlement..... FORGET it!!! I just have a bad feeling that this MAY.....Just may be, a hollow victory, unfortunately 
This poster seems to think this management team will stop at nothing to achieve their means. I hope I am wrong on this one... but for now lets at least let the smiles on our faces last until the grim reaper shows his ugly head once more!!
This poster seems to think this management team will stop at nothing to achieve their means. I hope I am wrong on this one... but for now lets at least let the smiles on our faces last until the grim reaper shows his ugly head once more!!
