StandardAero, a leading U.S.-based provider of MRO (Maintenance, Repair, and Overhaul) services, has officially joined the Latin American and Caribbean Air Transport Association (ALTA) as an affiliate member. The announcement signals StandardAero’s intent to deepen its engagement with the Latin American aviation sector and support the region’s airline and maintenance communities.
StandardAero, a prominent player in the aerospace industry based in the US, has announced the pricing of its upsized underwritten public offering. The offering involves two of its stockholders selling an aggregate of 36 million shares of common stock, each with a par value of $0.01, at a public price of $28.00 per share.
StandardAero, a leading provider in the aerospace maintenance, repair, and overhaul (MRO) industry, has announced that two of its significant stockholders, affiliates of The Carlyle Group (US) and GIC Private (Singapore), intend to offer for sale 30,000,000 shares of the company’s common stock in an underwritten secondary offering.
StandardAero (US) has announced its 2024 financial results, reporting $5.2 billion in total revenue, marking a 14.8% year-on-year increase. The company’s Q4 2024 revenue surged by 21.8% to $1.4 billion, reflecting strong growth in its maintenance, repair, and overhaul (MRO) business. Despite the revenue gains, StandardAero posted a Q4 net loss of $14.1 million, attributed to operational costs and investment adjustments, while for…
StandardAero (US) has announced that its San Antonio engine overhaul center has secured maintenance organization approval from the Civil Aviation Administration (CAA) of China for the LEAP-1A and LEAP-1Bturbofan engines. This approval is a significant milestone, enabling StandardAero to perform maintenance, repair, and overhaul (MRO) services for Chinese operators using these advanced engines.
StandardAero (US) has entered into a General Terms Agreement (GTA) with T’way Air (South Korea) to provide MRO services for the airline’s CFM56-7B and LEAP-1B engines. This strategic partnership highlights StandardAero’s growing presence in the Asian aviation market and its commitment to delivering reliable maintenance solutions.
StandardAero, a leading aerospace maintenance and repair organization (MRO) based in the US, has reported a 13.2% year-over-year increase in revenue for the third quarter (Q3) of 2024, reaching $1.24 billion. The company also posted a net income of $16.4 million, reflecting its ability to sustain profitability while managing operational growth. Capital expenditures (CapEx) during the quarter amounted to $25.3 million, while cash reserves…
