StandardAero, one of the world's largest independent providers of aircraft engine maintenance, repair and overhaul (MRO) services, has entered into its potentially largest agreement to date in the company's 100-year-plus history.
Under the new services agreement with CFM International — a joint venture between manufacturers GE Aerospace and Safran Aircraft Engines — StandardAero will maintain and modernize some of the top commercial aircraft used today: the LEAP-1A, which powers the Airbus A320neo family, and the LEAP-1B, which powers the Boeing 737-MAX series.
This long-term partnership will give StandardAero the opportunity to win substantial future business that will potentially bring growth and additional jobs to the company's San Antonio location.
Both aircraft are among the most popular in the world, owned by numerous airlines, air cargo enterprises, and other operators. The global fleet of aircraft relying on the two types of engines is expected to grow significantly in the coming years. StandardAero, with vast experience delivering high-quality support to engines that power narrowbody aircraft, is the first independent (non-airline) provider in the world to join CFM's LEAP network.