{"id":810220,"date":"2025-02-06T17:03:23","date_gmt":"2025-02-06T22:03:23","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/standardaero-signs-15-year-cfm-leap-support-agreement-with-major-middle-east-airline-engine-inductions-already-underway\/"},"modified":"2025-02-06T17:03:23","modified_gmt":"2025-02-06T22:03:23","slug":"standardaero-signs-15-year-cfm-leap-support-agreement-with-major-middle-east-airline-engine-inductions-already-underway","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/standardaero-signs-15-year-cfm-leap-support-agreement-with-major-middle-east-airline-engine-inductions-already-underway\/","title":{"rendered":"StandardAero Signs 15-Year CFM LEAP Support Agreement with Major Middle East Airline; Engine Inductions Already Underway"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>StandardAero Signs 15-Year CFM LEAP Support Agreement with Major Middle East Airline; Engine Inductions Already Underway<\/b><\/p>\n<p>SCOTTSDALE, Ariz.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nStandardAero, 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\u2019s 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\u2019s fleet of new-generation narrowbody aircraft.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20250206922274\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250206922274\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250206922274\/en\/2375247\/4\/LEAP_on_test_%40_StandardAero_San_Antonio.jpg\" alt=\"StandardAero Signs 15-Year CFM LEAP Support Agreement with Major Middle East Airline; Engine Inductions Already Underway (Photo: Business Wire)\" \/><\/p>\n<p style=\"font-size:85%\">StandardAero Signs 15-Year CFM LEAP Support Agreement with Major Middle East Airline; Engine Inductions Already Underway (Photo: Business Wire)<\/p>\n<\/div>\n<p>\nStandardAero 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.<\/p>\n<p>\nStandardAero 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 \u2013 which include engine repair and overhaul, component repair, workscoping\/forecasting, engine testing, program management, lease engine support and module swaps \u2013 are offered in a seamless fashion under StandardAero\u2019s Total Engine Asset Management (TEAM\u2122) services portfolio.<\/p>\n<p>\nCommenting on the announcement for StandardAero, Will Pitcher, Senior Vice President of Sales, Marketing and Customers, said: \u201cThis latest LEAP engine support agreement highlights the maturity of StandardAero\u2019s 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.\u201d<\/p>\n<p>\nIn 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\u2019s network of locations, and its Repair Development Center of Excellence. To date, StandardAero\u2019s CRS team has industrialized more than 260 component repairs for the LEAP-1A and LEAP-1B.<\/p>\n<p>\nStandardAero also continues to grow its team of LEAP technicians through its in-house Aviation Mechanic Training Program, located at its San Antonio site\u2019s Training Academy.<\/p>\n<p>\nCFM 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&#8217;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.<\/p>\n<p><b>StandardAero <\/b>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 <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.standardaero.com&amp;esheet=54201249&amp;newsitemid=20250206922274&amp;lan=en-US&amp;anchor=www.standardaero.com&amp;index=1&amp;md5=0e1195c0cb85855a1290b5606af484ac\">www.standardaero.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250206922274r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250206922274\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250206922274\/en\/<\/a><\/span><\/p>\n<p><strong>Investors:<br \/>\n<\/strong><br \/><a rel=\"nofollow\" href=\"mailto:investors@StandardAero.com\">investors@StandardAero.com<br \/>\n<\/a><br \/>(480) 377-3142<\/p>\n<p>Alex Trapp<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Alex.Trapp@StandardAero.com\">Alex.Trapp@StandardAero.com<br \/>\n<\/a><\/p>\n<p><strong>Media:<br \/>\n<\/strong><br \/>Kyle Hultquist<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Kyle.Hultquist@StandardAero.com\">Kyle.Hultquist@StandardAero.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Arizona United States North America Middle East<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Air Transport Aerospace Manufacturing<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250206922274\/en\/2375247\/3\/LEAP_on_test_%40_StandardAero_San_Antonio.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">StandardAero Signs 15-Year CFM LEAP Support Agreement with Major Middle East Airline; Engine Inductions Already Underway (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250206922274\/en\/2375244\/3\/SARO_LOGO.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>StandardAero Signs 15-Year CFM LEAP Support Agreement with Major Middle East Airline; Engine Inductions Already Underway SCOTTSDALE, Ariz.&#8211;(BUSINESS WIRE)&#8211; 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\u2019s 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\u2019s fleet of new-generation narrowbody aircraft. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250206922274\/en\/ StandardAero Signs 15-Year CFM LEAP Support Agreement with Major &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/standardaero-signs-15-year-cfm-leap-support-agreement-with-major-middle-east-airline-engine-inductions-already-underway\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;StandardAero Signs 15-Year CFM LEAP Support Agreement with Major Middle East Airline; Engine Inductions Already Underway&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-810220","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>StandardAero Signs 15-Year CFM LEAP Support Agreement with Major Middle East Airline; Engine Inductions Already Underway - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/standardaero-signs-15-year-cfm-leap-support-agreement-with-major-middle-east-airline-engine-inductions-already-underway\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"StandardAero Signs 15-Year CFM LEAP Support Agreement with Major Middle East Airline; Engine Inductions Already Underway - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"StandardAero Signs 15-Year CFM LEAP Support Agreement with Major Middle East Airline; Engine Inductions Already Underway SCOTTSDALE, Ariz.&#8211;(BUSINESS WIRE)&#8211; 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\u2019s 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\u2019s fleet of new-generation narrowbody aircraft. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250206922274\/en\/ StandardAero Signs 15-Year CFM LEAP Support Agreement with Major &hellip; Continue reading &quot;StandardAero Signs 15-Year CFM LEAP Support Agreement with Major Middle East Airline; Engine Inductions Already Underway&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/standardaero-signs-15-year-cfm-leap-support-agreement-with-major-middle-east-airline-engine-inductions-already-underway\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-06T22:03:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20250206922274\/en\/2375247\/4\/LEAP_on_test_%40_StandardAero_San_Antonio.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/standardaero-signs-15-year-cfm-leap-support-agreement-with-major-middle-east-airline-engine-inductions-already-underway\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/standardaero-signs-15-year-cfm-leap-support-agreement-with-major-middle-east-airline-engine-inductions-already-underway\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"StandardAero Signs 15-Year CFM LEAP Support Agreement with Major Middle East Airline; 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Under the new agreement, StandardAero\u2019s 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\u2019s fleet of new-generation narrowbody aircraft. This press release features multimedia. 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