StandardAero, Inc. (SARO) Expands CFM56-7B Services Portfolio With Exchange Engine Solutions
An aeronautics engineer inspecting a model aircraft engine in a factory setting.
Under the program, StandardAero, Inc. (NYSE:SARO) will provide a serviceable CFM56-7B turbofan engine in exchange for an unserviceable powerplant. The approach offers a responsive solution for various customers, including airlines and other asset owners. The company has a proven track record of providing exchange solutions on other engine platforms and is now applying this expertise to the CFM56-7B program.
StandardAero, Inc. (NYSE:SARO) recently completed a similar exchange with India's Stellar Aviation Solutions Pvt. Ltd, delivering a serviceable, warrantied CFM56-7B26/3 engine for a time-expired unit in exchange. The deal was completed in six weeks, enabling the Indian aviation firm to assist with returning a Boeing aircraft to service for urgent cargo operations.
Guillaume Limouzy, Airline Sales Director for StandardAero, Inc. (NYSE:SARO)'s Airlines & Fleet business unit, stated the following on the portfolio expansion:
'StandardAero is delighted to expand its portfolio of CFM56-7B service offerings to our customers worldwide through the addition of exchange engine solutions. Working closely with our in-house asset management specialists, and our CFM56-7B MRO facilities in Dallas and Winnipeg, we are able to provide customers such as Stellar Aviation with responsive engine solutions which meet StandardAero's rigorous quality standards.'
While we acknowledge the potential of SARO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 13 Best Global Stocks to Buy Right Now and 10 Best Small Cap Defense Stocks to Buy According to Hedge Funds.
Disclosure: None.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Fast Company
21 minutes ago
- Fast Company
4 strategies for launching a successful global capability center
Global capability centers are expanding the specialized operations and expertise of companies in diverse sectors. Many companies started using GCCs as a way to outsource a specific function, such as medical billing or invoicing, to an overseas facility to improve cost savings and efficiency. But over time, leaders have realized that GCCs can provide greater business value when they are designed as 'centers of excellence' staffed by highly skilled talent. 'A GCC is a recent business concept; it's basically a wholly owned subsidiary of a large corporation,' explains Jay Bhatty, CEO and founder of an automation software company serving the oil and gas industry. 'A decade ago, the main goal was cost arbitrage. Companies in the U.S. would create a GCC like a call center to outsource individual functions. But now they are using them for entire groups of functions. IT services, finance, and HR can all operate in one global capability center. GCCs are becoming more common in oil and gas, but they were already popularized in many other industries; for example, banking and technology.' India is home to the majority of GCCs, and the country's footprint is expected to grow in the coming years. By 2030, the market size of India's GCCs is projected to reach $100 billion by 2030, with 2400 GCCs employing over 4.5 million people, a jump from around 1.9 million in 2023. India is a top source of tech talent worldwide, offering a talent pool with both breadth and depth. Companies are using GCCs to support core business functions, led by finance, HR, data management and analytics, and IT, but they are also starting to expand their reach to include areas such as marketing, legal, customer service, and energy, research, and development. Subscribe to the Daily newsletter. Fast Company's trending stories delivered to you every day Privacy Policy | Fast Company Newsletters Bhatty's company operates a GCC in Delhi dedicated to AI research. Around 75 GCC employees focus on how to incorporate AI into suite of client products. 'The labor costs are low, currency exchange rates are favorable, and technology knowledge and labor availability are high,' says Bhatty. 'All of these factors come together. Some companies have even started creating innovation hubs in their GCCs. As visa restrictions in the U.S. have been growing, there is a shortage of skilled talent. A lot of developers come from countries in South Asia, so it helps to source the labor locally, instead of trying to get a visa and getting them to come to the U.S. Setting up innovation hubs in India is also easier because the environment is very business-friendly with incentives for foreign investments.' 4 EXPERT TIPS FOR ESTABLISHING A GCC 1. Define your operating model. Identify your business needs to determine your GCC's focus area. Get clear on what you want the GCC to do for your business and how you will measure success. 'Have a good idea of what your operating model will be,' says Bhatty. 'Is it focused on innovation or software development or R&D? Or do you want it to do all your back-office processing? You may have your U.S. employees doing administrative tasks when they can be done better, cheaper, faster in a GCC. You can set up a GCC in one country for all your business units, and it can serve all of your offices all over the world in one centralized place.' advertisement 2. Be aware of the challenges. Creating an effective extension of your organization—with a new office in a new country—is no small feat. Research the geographic area and business function area extensively before getting too far into the project. Talk to other leaders who have started GCCs in the same region. Understand the common obstacles you're likely to encounter. 'While the Indian regulatory system is favorable, and there's a lot of labor available, there are still issues to deal with when you're running a business unit outside of your country,' says Bhatty. 'Compliance complexities, language barriers, company registration. All of that is time consuming. Talent retention is also a challenge because, as more GCCs are set up, you are competing with other companies for the same workers.' 3. Enlist local expertise. The DIY approach might seem more cost-effective at first glance, but it's crucial to calculate the total costs—time and money—of setting up a GCC. Consider working with a local service provider that can help your company find an office space, navigate bureaucracy, and recruit talent. 'Setting up our GCC was a bigger challenge than I expected,' says Bhatty. 'A lesson learned is that trying to do it yourself might take longer and be more costly in the long run. Local service companies are very knowledgeable about the area and can advise you on where to site your GCC—location is so important in choosing real estate. They will expedite paperwork, secure furniture and supplies, and get your internet connection set up. Some of the government regulations are cumbersome, and you may not be familiar with them. There may also be cultural and language barriers. These people can help you find English-speaking talent or translators.' 4. Prioritize people management. A GCC is only as effective as the people who operate it. Make people management your top priority. Put the right people in place to recruit, train, develop, and lead your GCC team. Create service-level agreements that formalize expectations for tasks and timelines. For example, you may require your GCC employees in India to send deliverables by 9 a.m. Eastern time for the team working out of your U.S. headquarters. 'Managing a GCC is like managing a separate company,' says Bhatty. 'Hiring, retention, and training can be challenging because many employees aren't initially well-versed on how business is done by American corporations. But after COVID, the workforce really became global. Companies figured out that people can work from other countries with people in different countries, despite the time difference. GCCs are proving that this model works, and that's why it's accelerating.'
Gizmodo
21 minutes ago
- Gizmodo
Top Website Builder + Hosting: Now 75% Off at Just $2.99/Month!
Hostinger isn't free, but the fresh deal at merely three quid monthly surely pays for itself. If you're looking to build a website, now is the time. Better yet, you'll get the best, most reliable hosting to go along with it. The fresh summer sale is a nice refreshment from the head-spinning heat. Hostinger offers two amazing, Premium and Business plans, both packing serious hosting firepower and numerous site-building tools. See offer at Hostinger Plunge yourself into Hostinger's world with these two discounts: Both are 48-month plans, but Hostinger threw in two free months. However, the freebies don't end there, as Hostinger also includes a free domain for a year. To subscribe, click the button below, select one of the two plans, and follow the steps. What about a free domain? Don't worry. Hostinger will let you claim it immediately after. This will get your website started in minutes and set you on a path to success with essential features for blogging, online sales, email marketing, and more. Are you finding Hostinger lacking? If so, you have a risk-free 30-day money-back guarantee. You can get a full refund and not lose a cent if things go wrong. But what could possibly go wrong with the #1 hosting service? Hostinger used to split its hosting and website builder plans. In 2025, that's not the case. However, the Business plan, at $3.99 monthly, is an overall better pick because it includes: The Business plan includes over 100 payment vendors, 0% transaction fees, and free email marketing to skyrocket your sales. AI site-building tools allow for swift content creation and website design. Hostinger Business includes unlimited storage, bandwidth, and free SSL. You can host up to 50 websites, including blogs and online stores. If it's the latter, you'll also get gift cards, discount codes, and inventory management. The Business offers daily website updates and managed WordPress hosting if you want to go that route. Simultaneously, you'll get flagship add-ons, such as a free CDN, website staging, NVMe storage, email hosting, and more. If you can spend a dollar more, the Business plan is Hostinger's magnum opus. However, even the Premium plan is outstanding if you don't want to sell online. There's a catch: the discount won't last for weeks. If Hostinger lives rent-free in your head and you're on the do-or-don't see-saw, it's time to make the step. Try Hostinger Risk-Free
Yahoo
an hour ago
- Yahoo
Simon Property Group reports rise in quarterly real estate FFO on strong leasing demand
(Reuters) -Simon Property Group reported a rise in second-quarter real estate funds from operations (FFO) on Monday, supported by robust leasing demand for the commercial real estate investment trust's shopping centers. A tight supply of rental properties has allowed mall operators such as Simon Property to raise rental rates. Peer Kimco Realty raised projections for annual FFO and earnings last week, helped by steady leasing demand for its grocery-anchored shopping centers. Simon Property Group reported second-quarter real estate FFO, a key performance metric for REITs, of $3.05 per share, compared with $2.93 per share a year earlier. The company's occupancy levels at its malls and premium outlets for the quarter ended June 30 increased 0.4% from a year ago, reaching 96%. Its base minimum rent per square foot rose to $58.70 from $57.94 a year ago. The mall operator, which counts LVMH – the luxury conglomerate behind Louis Vuitton and Tiffany & Co – among its top tenants, now expects its 2025 FFO to be between $12.45 and $12.65 per share, compared with its previous target of $12.40 to $12.65. The company's second quarter revenue from lease income was $1.38 billion, up from $1.32 billion a year ago. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
