StandardAero's 15-Year LEAP Engine Support Agreement Overview

StandardAero Secures Long-Term Engine Support Agreement

StandardAero, a prominent player in the aircraft engine maintenance, repair, and overhaul (MRO) sector, has recently signed a substantial 15-year agreement with a major airline based in the Middle East. This agreement is pivotal, as it focuses on providing comprehensive aftermarket services for the CFM International LEAP turbofan engine. The agreement will leverage StandardAero's advanced LEAP MRO facility located in San Antonio, Texas, which has already begun accepting engine inductions.

The LEAP MRO Facility: A Hub for Engine Excellence

StandardAero's San Antonio facility is recognized as a key location for LEAP MRO services. The facility specializes in the LEAP-1A engine, which powers the Airbus A320neo, and the LEAP-1B engine, associated with the Boeing 737 MAX. The company made headlines earlier in 2023 when it became the first non-airline to sign a CFM Branded Service Agreement (CBSA) in the Americas for these engines. This strategic move highlights StandardAero's commitment to enhancing their service offerings for modern narrowbody aircraft.

Comprehensive Services Offered to Airline Operators

StandardAero is now extending its services for the LEAP-1A and LEAP-1B engines to a variety of airline operators and asset managers from diverse regions including North America, Latin America, and beyond. Their extensive service portfolio features engine repair and overhaul, component repair, engine testing, program management, and lease support services. These offerings assure a seamless experience for clients under StandardAero's Total Engine Asset Management (TEAM™) program.

Growth Trajectory and Future Endeavors

As the announcement unfolds, Will Pitcher, Senior Vice President of Sales, Marketing, and Customers at StandardAero, expressed enthusiasm regarding their recent achievements. He noted the impressive pace at which the San Antonio facility has developed its capabilities for LEAP engine support. With ongoing demand for A320neo and 737 MAX engines, StandardAero is poised to expand its customer base even further through 2025 and beyond.

Investing in Engine Component Repair Capabilities

In conjunction with their MRO capabilities, StandardAero is actively advancing engine component repairs for the LEAP series. The company relies on its established network of locations under Component Repair Services (CRS) and has further invested in its Repair Development Center of Excellence. To date, the CRS team has successfully industrialized over 260 component repairs for the LEAP-1A and LEAP-1B variants, showcasing their dedication to quality and efficiency.

Training the Next Generation of Technicians

Recognizing the importance of skilled labor, StandardAero has launched an in-house Aviation Mechanic Training Program. This program aims to equip a growing team of LEAP technicians with the required skills and knowledge, ensuring that StandardAero continues to meet its operational demands and maintain high service standards.

Cognizant of Industry Leaders: CFM International

CFM International has been a revolutionary force in commercial aviation since its inception in 1974. As a joint venture between GE Aerospace and Safran Aircraft Engines, CFM leads the market with its range of aircraft engines known for efficiency and reliability. The LEAP family, specifically engineered for narrowbody aircraft, epitomizes their commitment to technological advancement and industry standards.

StandardAero: A Broad Spectrum of Aviation Services

As a recognized independent provider, StandardAero offers an extensive range of aerospace engine aftermarket services specifically tailored for both fixed and rotary-wing aircraft within military, commercial, and business aviation sectors. Their comprehensive offerings include engine maintenance, repair and overhaul (MRO), and more, solidifying their reputation in the aviation market. Renowned for their structured support, StandardAero continues to thrive in an ever-evolving industry landscape.

Frequently Asked Questions

What is the purpose of the 15-year agreement with the airline?

The agreement aims to provide comprehensive aftermarket services for the CFM LEAP turbofan engine, enhancing operational support for the airline.

Where is StandardAero's LEAP MRO facility located?

The LEAP MRO facility is situated in San Antonio, Texas, and is designed to specialize in MRO services for LEAP engines.

What types of engines does StandardAero support?

StandardAero provides support for the LEAP-1A and LEAP-1B engines, which are widely used in modern narrowbody aircraft like the Airbus A320neo and Boeing 737 MAX.

How is StandardAero investing in technician training?

StandardAero has established an in-house Aviation Mechanic Training Program to enhance the skills and knowledge of emerging technicians in LEAP engine services.

What services are included in StandardAero's TEAM™ portfolio?

TEAM™ includes a variety of services such as engine repair and overhaul, component repair, testing, and asset management, ensuring comprehensive support for their clients.

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