Business
StandardAero Signs General Terms Agreement with AviLease for LEAP and CFM56-7B MRO Services
SCOTTSDALE, Ariz., March 05, 2026--StandardAero (NYSE: SARO), a leading independent pure-play provider of aerospace engine aftermarket services including engine maintenance, repair and overhaul (MRO) and engine component repair, has signed a General Terms Agreement (GTA) with global aircraft lessor AviLease. This GTA paves the way for StandardAero to provide AviLease with MRO services for the CFM International LEAP-1A/LEAP-1B and CFM International CFM56-7B in support of its global leasing activi
About this update from Standardaero, Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1024,"height":512,"url":"https://media.zenfs.com/en/business-wire.com/e685a087a3f80d68bc6537236e957507"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Y8yP5u.6Bzaxyb5Bio5s8A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ4MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/e685a087a3f80d68bc6537236e957507","width":960,"height":480},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/hz.Ln_miO4JEiqLXB5Hnrg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIwNDg7aD0xMDI0O2NmPXdlYnA-/https://media.zenfs.com/en/business-wire.com/e685a087a3f80d68bc6537236e957507","width":1024,"height":512}},"lazy":false},{"type":"text","content":"SCOTTSDALE, Ariz., March 05, 2026--(BUSINESS WIRE)--StandardAero (NYSE: SARO), a leading independent pure-play provider of aerospace engine aftermarket services including engine maintenance, repair and overhaul (MRO) and engine component repair, has signed a General Terms Agreement (GTA) with global aircraft lessor AviLease. This GTA paves the way for StandardAero to provide AviLease with MRO services for the CFM International LEAP-1A/LEAP-1B and CFM International CFM56-7B in support of its global leasing activities.","length":522,"tagName":"p"},{"type":"text","content":"Headquartered in Saudi Arabia and backed by the long-term capital of its visionary shareholder PIF, AviLease aims to become a top 10 global player in aircraft leasing. As dynamic capital allocators, AviLease owns and manages a portfolio of 200 predominantly new-technology, fuel-efficient aircraft on long-term lease to 53 airline customers. With a seasoned global team of 95 professionals across five offices, AviLease serves as a national champion in aircraft leasing and plays a pivotal role in Saudi Arabia’s Vision 2030 and National Aviation Strategy.","length":556,"tagName":"p"},{"type":"text","content":"Commenting on the announcement for StandardAero, Olivier Ruffet, Vice President Sales - EMEA, said: "StandardAero is delighted to establish a relationship with AviLease through this new agreement, which will enable our teams of LEAP and CFM56 engine MRO experts to provide responsive support to AviLease and its airline customers. We look forward to supporting AviLease with high quality engine services as it continues its dynamic...