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StandardAero Signs 15-Year Maintenance Contract With Major Middle East Airline
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StandardAero Signs 15-Year Maintenance Contract With Major Middle East Airline
Feb 6, 2025 2:52 PM

05:24 PM EST, 02/06/2025 (MT Newswires) -- StandardAero ( SARO ) said late Thursday it will provide aftermarket services, including engine and engine component repair and overhaul, along with performance restoration and other maintenance, for CFM International LEAP turbofan engines under a new 15-year contract with a major airline based in the Middle East.

Financial terms of the contract were not disclosed.

Work will be performed at StandardAero's ( SARO ) facility in San Antonio, Texas, the company said.

StandardAero ( SARO ) shares recently rose 1.3% in Thursday's extended session.

Price: 27.39, Change: +0.34, Percent Change: +1.26

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