TGI - Triumph Group secures maintenance contract for Starlux A350 XWB airlines

Triumph Group (NYSE:TGI) stated Tuesday that its product support business has received a 2-year wheel and brake maintenance, repair contract from Taiwan's Starlux airlines. The contract is third in row for Starlux' A350 XWB fleet, following previous awards on the A321neo and A330neo fleets. Work is to be carried out at Triumph's location in Chonburi, Thailand. "We continue to expand our service offerings and customer base across the Asia Pacific region and working with customers like STARLUX, supports that expansion," stated Jim Berberet, President of TRIUMPH Product Support. Earlier: Further downside likely for defense stocks as rates keep rising, Truist says

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Triumph Group secures maintenance contract for Starlux A350 XWB airlines