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ST Engineering sets up freighter leasing joint venture with Temasek

Amala Balakrishner
Amala Balakrishner8/4/2021 06:11 PM GMT+08  • 2 min read
ST Engineering sets up freighter leasing joint venture with Temasek
Temasek and ST Engineering Aerospace Resources – a subsidiary of ST Engineering – each have a 50% stake in the JV.
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Singapore Technologies (ST) Engineering incorporated its joint venture company (JV), Juniper Aviation Investments on August 4 with an initial paid-up capital of US$2 ($2.70).

Temasek and ST Engineering Aerospace Resources – a subsidiary of ST Engineering – each have a 50% stake in the JV.

The JV was set up to in response to the growing demand for freighter aircraft, in line with the expansion in global e-commerce cargo volumes.

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