Singapore Technology Aerospace (ST Aerospace), focused on aviation maintenance, repair and overhaul, has unveiled a new facility for VIP aircraft interiors fitted with 3D printing technology.
With the 2,690 square metre centre the company seeks to meet a growing demand for customised aircraft cabin interiors from the Asian and Middle Eastern markets. The facility comprises of a hangar able to hold a Boeing 757 aircraft, design studios and workshops with 3D printing devices.
ST Aerospace has already invested around $ 1.2 into the new centre, with an additional $5.7 to be spent over the next three years. As the number of billionaires in Asia alone is expected to grow by 66% from 2013 to 2023, ST Aerospace sees extensive potential in the market for customised aircraft interior:
“The numbers here have already exceeded the numbers in the US. So we know that this is maybe just a beginning of the market for VIP aircraft, but we expect the growth to be quite significant over the next 10 to 20 years,” said ST Aerospace’s Executive Vice President for aircraft maintenance and modification, Ang Chye Kiat.