Latest news with #CFMInternational
Business Insider
10 hours ago
- Business
- Business Insider
StandardAero to provide maintenance, repair, overhaul support for SalamAir
StandardAero (SARO) is proud to announce its selection by SalamAir, Oman's low-cost carrier, to provide maintenance, repair & overhaul support for the CFM International LEAP-1A turbofan engines powering its fleet of Airbus (EADSY) A320neo family narrow body aircraft. StandardAero provides support for the next-generation CFM International LEAP-1A and LEAP-1B engine family from its 810,000 sq. ft. facility in San Antonio, TX, as a CFM LEAP Premier MRO provider, having signed the first non-airline CFM Branded Service Agreement in the Americas for the LEAP-1A and LEAP-1B in March 2023. Confident Investing Starts Here:
Business Wire
16 hours ago
- Business
- Business Wire
O man's Low-Cost Carrier SalamAir Selects StandardAero for CFM International LEAP-1A Engine Maintenance, Repair & Overhaul Support
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--StandardAero, a leading independent pure-play provider of aerospace engine aftermarket services, is proud to announce its selection by SalamAir, Oman's low-cost carrier, to provide maintenance, repair & overhaul (MRO) support for the CFM International LEAP-1A turbofan engines powering its fleet of Airbus A320neo family narrowbody aircraft. StandardAero provides support for the next-generation CFM International LEAP-1A and LEAP-1B engine family from its 810,000 sq. ft. facility in San Antonio, TX, as a CFM LEAP Premier MRO provider, having signed the first non-airline CFM Branded Service Agreement (CBSA) in the Americas for the LEAP-1A and LEAP-1B in March 2023. Commenting on the announcement for SalamAir, Adrian Hamilton-Manns, SalamAir CEO said: 'At SalamAir, safety, operational reliability and cost-efficiency remain at the core of our strategy as we continue to expand and modernize our fleet. Partnering with StandardAero for LEAP-1A engine MRO support marks a significant step in ensuring the long-term performance and availability of our aircraft. We are confident in StandardAero's proven capabilities and technical expertise, and we look forward to a strong partnership that supports our growth and commitment to delivering dependable and affordable travel for our passengers across the region.' 'StandardAero is delighted to add SalamAir to the ever-growing list of operators around the world who have selected us to support their LEAP-1A and LEAP-1B engine support requirements,' said Olivier Ruffet, Vice President Sales EMEA & Lessors for StandardAero's Airlines & Fleet business unit. 'SalamAir joins LEAP-1A and LEAP-1B operators and asset managers from across North America, Latin America, Europe, the Middle East, South Asia and the Asia-Pacific region who now rely on StandardAero for engine MRO. Our two companies share a common set of values, and we look forward to providing SalamAir with exceptional support based on our corporate commitment to continuous improvement, thus becoming the airline's most trusted MRO partner.' In addition to establishing MRO capability for the LEAP-1A and LEAP-1B at its San Antonio facility, StandardAero is also industrializing new engine component repairs for the LEAP family through its CRS team's network of locations, and its Repair Development Center of Excellence. To date, StandardAero's CRS team has industrialized more than 300 component repairs for the LEAP-1A and LEAP-1B. StandardAero also continues to grow its team of LEAP technicians through its in-house Aviation Mechanic Training Program, located at its San Antonio site's Training Academy. SalamAir currently operates a fleet of 13 Airbus A320/321 aircraft, with over 80 daily flights. In 2025, the airline will expand its fleet with two new aircraft scheduled for delivery in July 2025. SalamAir announced a 10-aircraft order in February 2025, aiming to grow its fleet to 25 aircraft by 2028. CFM International, the 50/50 joint company between GE Aerospace and Safran Aircraft Engines founded in 1974, has redefined international cooperation and helped change the course of commercial aviation. Today, CFM is the world's leading supplier of commercial aircraft engines with a product line that sets the industry standard for efficiency, reliability, durability, and optimized cost of ownership for narrowbody aircraft. The company produces the LEAP and CFM56 families of engines, and supports LEAP and CFM56 fleets for more than 600 operators worldwide. StandardAero is a leading independent pure-play provider of aerospace engine aftermarket services for fixed- and rotary-wing aircraft, serving the commercial, military and business aviation end markets. StandardAero provides a comprehensive suite of critical, value-added aftermarket solutions, including engine maintenance, repair and overhaul, engine component repair, on-wing and field service support, asset management and engineering solutions. StandardAero is an NYSE listed company under the ticker symbol SARO. For more information about StandardAero, go to
Yahoo
19-05-2025
- Business
- Yahoo
StandardAero Adds Lease Engines To Its CFM International LEAP-1A And LEAP-1B Service Offering, Supporting the Airbus A320neo And Boeing 737 MAX Customer Base
SCOTTSDALE, Ariz., May 19, 2025--(BUSINESS WIRE)--StandardAero, a leading independent pure-play provider of aerospace engine aftermarket services, including engine maintenance, repair and overhaul (MRO) and engine component repair, has recently expanded its CFM International LEAP-1A and LEAP-1B service offering to include lease engines. StandardAero has partnered with some of the world's leading engine leasing companies to support the needs of Airbus A320neo (LEAP-1A) and Boeing 737 MAX (LEAP-1B) customers worldwide. Engines have already been contracted and are available to support the global LEAP operator community through short-term leases, helping them avoid unwanted aircraft downtime and maximize asset utilization during LEAP MRO events. StandardAero supports the LEAP-1A and LEAP-1B as a CFM LEAP Premier MRO provider, having signed the first non-airline CFM Branded Service Agreement (CBSA) in the Americas for the LEAP-1A and LEAP-1B in March 2023. The company's 810,000 sq. ft. San Antonio facility provides both LEAP quick-turn shop visit (QTSV) and LEAP performance restoration shop visit (PRSV) services, supported by test cells which have been correlated for both engine variants. Commenting on the announcement for StandardAero, Will Pitcher, Senior Vice President – Sales, Marketing and Customers said: "StandardAero is pleased to partner with some of the industry's foremost engine leasing providers to expand our Total Engine Asset Management (TEAM™) service offering for the global LEAP-1A and LEAP-1B customer base. By facilitating the availability of lease engines during MRO shop visits, StandardAero is able to help customers maximize the operational availability of their aircraft, thereby minimizing the overall cost impact associated with maintenance events." StandardAero provides LEAP-1A and LEAP-1B services directly to a range of airline operators and asset managers across North America, Latin America, Europe, the Middle East, South Asia and the Asia-Pacific region. These services – which include engine repair and overhaul, component repair, workscoping/forecasting, engine testing, program management and lease engine support – are offered in a seamless fashion under StandardAero's TEAM™ services portfolio. In addition to establishing MRO capability for the LEAP-1A and LEAP-1B at its San Antonio facility, StandardAero also continues to industrialize new engine component repairs for the LEAP family through its Component Repair Services (CRS) segment's network of locations, and its Repair Development Center of Excellence. To date, StandardAero's CRS team has industrialized more than 300 component repairs for the LEAP-1A and LEAP-1B. StandardAero also continues to grow its team of LEAP technicians through its in-house Aviation Mechanic Training Program, located at its San Antonio site's Training Academy. CFM International, the 50/50 joint company between GE Aerospace and Safran Aircraft Engines founded in 1974, has redefined international cooperation and helped change the course of commercial aviation. Today, CFM is the world's leading supplier of commercial aircraft engines with a product line that sets the industry standard for efficiency, reliability, durability, and optimized cost of ownership for narrowbody aircraft. The company produces the LEAP family of engines and supports both LEAP and CFM56 fleets for more than 600 operators worldwide. StandardAero will be attending CFM International's Leasing Conference, taking place in Budapest, Hungary on May 20th, 2025. StandardAero is a leading independent pure-play provider of aerospace engine aftermarket services for fixed- and rotary-wing aircraft, serving the commercial, military and business aviation end markets. StandardAero provides a comprehensive suite of critical, value-added aftermarket solutions, including engine maintenance, repair and overhaul, engine component repair, on-wing and field service support, asset management and engineering solutions. StandardAero is an NYSE listed company under the ticker symbol SARO. For more information about StandardAero, go to View source version on Contacts Media Contact:Alex Youngs1.902.888.4764 – Office, 1.902.315.4764 – 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
Business Wire
19-05-2025
- Business
- Business Wire
StandardAero Adds Lease Engines To Its CFM International LEAP-1A And LEAP-1B Service Offering, Supporting the Airbus A320neo And Boeing 737 MAX Customer Base
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--StandardAero, a leading independent pure-play provider of aerospace engine aftermarket services, including engine maintenance, repair and overhaul (MRO) and engine component repair, has recently expanded its CFM International LEAP-1A and LEAP-1B service offering to include lease engines. StandardAero has partnered with some of the world's leading engine leasing companies to support the needs of Airbus A320neo (LEAP-1A) and Boeing 737 MAX (LEAP-1B) customers worldwide. Engines have already been contracted and are available to support the global LEAP operator community through short-term leases, helping them avoid unwanted aircraft downtime and maximize asset utilization during LEAP MRO events. StandardAero supports the LEAP-1A and LEAP-1B as a CFM LEAP Premier MRO provider, having signed the first non-airline CFM Branded Service Agreement (CBSA) in the Americas for the LEAP-1A and LEAP-1B in March 2023. The company's 810,000 sq. ft. San Antonio facility provides both LEAP quick-turn shop visit (QTSV) and LEAP performance restoration shop visit (PRSV) services, supported by test cells which have been correlated for both engine variants. Commenting on the announcement for StandardAero, Will Pitcher, Senior Vice President – Sales, Marketing and Customers said: 'StandardAero is pleased to partner with some of the industry's foremost engine leasing providers to expand our Total Engine Asset Management (TEAM™) service offering for the global LEAP-1A and LEAP-1B customer base. By facilitating the availability of lease engines during MRO shop visits, StandardAero is able to help customers maximize the operational availability of their aircraft, thereby minimizing the overall cost impact associated with maintenance events.' StandardAero provides LEAP-1A and LEAP-1B services directly to a range of airline operators and asset managers across North America, Latin America, Europe, the Middle East, South Asia and the Asia-Pacific region. These services – which include engine repair and overhaul, component repair, workscoping/forecasting, engine testing, program management and lease engine support – are offered in a seamless fashion under StandardAero's TEAM™ services portfolio. In addition to establishing MRO capability for the LEAP-1A and LEAP-1B at its San Antonio facility, StandardAero also continues to industrialize new engine component repairs for the LEAP family through its Component Repair Services (CRS) segment's network of locations, and its Repair Development Center of Excellence. To date, StandardAero's CRS team has industrialized more than 300 component repairs for the LEAP-1A and LEAP-1B. StandardAero also continues to grow its team of LEAP technicians through its in-house Aviation Mechanic Training Program, located at its San Antonio site's Training Academy. CFM International, the 50/50 joint company between GE Aerospace and Safran Aircraft Engines founded in 1974, has redefined international cooperation and helped change the course of commercial aviation. Today, CFM is the world's leading supplier of commercial aircraft engines with a product line that sets the industry standard for efficiency, reliability, durability, and optimized cost of ownership for narrowbody aircraft. The company produces the LEAP family of engines and supports both LEAP and CFM56 fleets for more than 600 operators worldwide. StandardAero will be attending CFM International's Leasing Conference, taking place in Budapest, Hungary on May 20 th, 2025. StandardAero is a leading independent pure-play provider of aerospace engine aftermarket services for fixed- and rotary-wing aircraft, serving the commercial, military and business aviation end markets. StandardAero provides a comprehensive suite of critical, value-added aftermarket solutions, including engine maintenance, repair and overhaul, engine component repair, on-wing and field service support, asset management and engineering solutions. StandardAero is an NYSE listed company under the ticker symbol SARO. For more information about StandardAero, go to
Yahoo
06-02-2025
- Business
- Yahoo
StandardAero Signs 15-Year CFM LEAP Support Agreement with Major Middle East Airline; Engine Inductions Already Underway
SCOTTSDALE, Ariz., February 06, 2025--(BUSINESS WIRE)--StandardAero, a leading independent provider of engine maintenance, repair and overhaul (MRO) services, has signed a definitive 15-year agreement with a major Middle East airline to provide aftermarket services for the CFM International LEAP turbofan engine. Under the new agreement, StandardAero's LEAP MRO facility in San Antonio, TX, will provide engine and engine component repair and overhaul, including LEAP performance restoration shop visits (PRSV) and continued time engine maintenance (CTEM) services in support of the airline's fleet of new-generation narrowbody aircraft. StandardAero supports the LEAP-1A (Airbus A320neo) and LEAP-1B (Boeing 737 MAX) as a CFM LEAP Premier MRO provider, having signed the first non-airline CFM Branded Service Agreement (CBSA) in the Americas for the LEAP-1A and LEAP-1B in March 2023. The 810,000 sq. ft. San Antonio facility initially began accepting light workscope LEAP shop visits in March 2024 and inducted its first PRSV workscope in the second half of 2024, after completing test cell correlation for both engine variants. StandardAero now provides LEAP-1A and LEAP-1B services to a range of airline operators and asset managers across North America, Latin America, Europe, the Middle East, South Asia and Asia Pacific. These services – which include engine repair and overhaul, component repair, workscoping/forecasting, engine testing, program management, lease engine support and module swaps – are offered in a seamless fashion under StandardAero's Total Engine Asset Management (TEAM™) services portfolio. Commenting on the announcement for StandardAero, Will Pitcher, Senior Vice President of Sales, Marketing and Customers, said: "This latest LEAP engine support agreement highlights the maturity of StandardAero's San Antonio Premier MRO facility, our team there having performed exceptionally in industrializing a full scope of LEAP capabilities ahead of schedule since joining the LEAP MRO ecosystem in March 2023. We look forward to continuing to grow our LEAP customer base throughout 2025, as more and more A320neo and 737 MAX operators turn to StandardAero for reliable engine support." In addition to establishing MRO capability for the LEAP-1A and LEAP-1B at its San Antonio facility, StandardAero also continues to industrialize new engine component repairs for the LEAP family through its Component Repair Services (CRS) segment's network of locations, and its Repair Development Center of Excellence. To date, StandardAero's CRS team has industrialized more than 260 component repairs for the LEAP-1A and LEAP-1B. StandardAero also continues to grow its team of LEAP technicians through its in-house Aviation Mechanic Training Program, located at its San Antonio site's Training Academy. CFM International, the 50/50 joint company between GE Aerospace and Safran Aircraft Engines founded in 1974, has redefined international cooperation and helped change the course of commercial aviation. Today, CFM is the world's leading supplier of commercial aircraft engines with a product line that sets the industry standard for efficiency, reliability, durability, and optimized cost of ownership for narrowbody aircraft. The company produces the LEAP family of engines, and supports both LEAP and CFM56 fleets for more than 600 operators worldwide. StandardAero is a leading independent pure-play provider of aerospace engine aftermarket services for fixed- and rotary-wing aircraft, serving the commercial, military and business aviation end markets. StandardAero provides a comprehensive suite of critical, value-added aftermarket solutions, including engine maintenance, repair and overhaul, engine component repair, on-wing and field service support, asset management and engineering solutions. StandardAero is an NYSE listed company under the ticker symbol SARO. For more information about StandardAero, go to View source version on Contacts Investors: investors@ (480) 377-3142Alex Media: Kyle Sign in to access your portfolio
