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StandardAero Inc (SARO) delivers specialized aircraft engine maintenance and aerospace aftermarket services for global aviation markets. This dedicated news hub provides investors and industry professionals with essential updates on the company's operations, strategic developments, and market position.
Access authoritative reporting on SARO's engine overhaul contracts, component repair innovations, and regulatory compliance achievements. Our curated collection features earnings disclosures, partnership announcements, and technical service expansions across commercial, military, and business aviation sectors.
Key updates include maintenance program launches, facility expansions, and aviation safety advancements. Bookmark this page for real-time insights into SARO's role in sustaining aircraft fleet operations worldwide. Verify critical information directly through primary sources before making financial decisions.
StandardAero (NYSE: SARO) extended its maintenance relationship with Oman low-cost carrier SalamAir via a new non-exclusive General Terms Agreement to provide CFM LEAP-1A performance restoration shop visits (PRSVs) for SalamAir’s Airbus A320neo family fleet.
The agreement builds on existing quick-turn shop visit work and leverages StandardAero’s 810,000 sq. ft. San Antonio LEAP-capable facility, its status as a CFM LEAP Premier MRO provider, and a CRS program that has industrialized 350+ component repairs for the LEAP family. SalamAir operates a 15-aircraft A320neo/321neo fleet and ordered 10 more A320neo-family jets in February 2025, targeting a 25-aircraft fleet by 2028.
StandardAero (NYSE: SARO) was selected by Mauritania Airlines to provide MRO support for CFM56-7B and LEAP-1B engines powering its Boeing 737NG and 737 MAX 8 fleet.
StandardAero has inducted a CFM56-7B at its Winnipeg site and a LEAP-1B at its San Antonio facility, expanding CFM56-7B support with a second engine line at DFW and offering LEAP support from its 810,000 sq. ft. San Antonio campus. The company also reports its CRS team has industrialized more than 350 LEAP component repairs and continues technician training at its San Antonio academy.
StandardAero (NYSE: SARO), a leading aerospace engine aftermarket services provider, has announced the appointment of Michael L. Kaplan as Chief Legal Officer, effective October 6, 2025. Kaplan, who previously served as SVP, General Counsel, Chief Security Officer, and Secretary at StandardAero, succeeds Steve Sinquefield, who is retiring after a 40-year career in aviation.
Kaplan brings over 25 years of legal and executive leadership experience, most recently serving as Senior Counsel at Norton Rose Fulbright. He will be based at the company's Scottsdale headquarters and report to CEO Russell Ford. Sinquefield will remain with StandardAero through the end of 2025 to ensure a smooth transition.
StandardAero (NYSE: SARO), a leading aerospace engine aftermarket services provider, has announced a key leadership change in its Component Repair Services (CRS) division. Gregory Krekeler has been appointed as President of CRS, succeeding Kimberly Ashmun, who will support the transition through year-end.
Krekeler brings over 20 years of aerospace and defense experience, including roles at Boeing and McDonnell Douglas. He previously served as VP and General Manager of StandardAero's Maryville facility and holds multiple advanced degrees in Business Administration and Aerospace Engineering. He will be based in Cincinnati and report to COO Kim Ernzen.
StandardAero (NYSE: SARO) celebrated the grand opening of its expanded business aviation facility at Augusta Regional Airport in Georgia. The expansion adds 80,500 square feet to the facility, representing a 60% increase in size to a total of 210,000 square feet.
The enlarged campus enhances the company's maintenance, repair, and overhaul (MRO) capabilities, particularly for Honeywell HTF7000 engines, where StandardAero serves as the exclusive independent heavy overhaul provider. The expansion will create approximately 100 new technical jobs in Augusta, adding to the current workforce of 175 employees at the facility.
The new engine shop facility is expected to be fully operational in the first half of 2026, while airframe maintenance services are already active in the new hangar.
StandardAero (NYSE: SARO) reported strong Q2 2025 results with significant year-over-year improvements. Revenue increased 13.5% to $1.53 billion, while net income surged to $67.7 million from $5.4 million in the prior year. The company achieved an Adjusted EBITDA of $204.6 million, up 20.1% year-over-year, with margin expanding to 13.4%.
Both major segments showed robust growth, with Engine Services revenue up 11.5% to $1.35 billion and Component Repair Services revenue rising 31.3% to $178.3 million. Based on strong H1 2025 performance, StandardAero raised its FY2025 guidance, now expecting revenue between $5.88-$6.03 billion and Adjusted EBITDA of $790-$810 million.
StandardAero (NYSE: SARO) has scheduled its second quarter 2025 earnings release for Wednesday, August 13, 2025, after market close. The company will host a conference call at 5:00 PM ET the same day to discuss the results.
Investors can access the live webcast through StandardAero's investor relations website. For those preferring telephone access, domestic participants can dial (877) 407-9762, while international callers can use (201) 689-8538. A replay will be available until August 27, 2025, accessible via the archived webcast or by phone using access code 13754729.
StandardAero (NYSE: SARO) has expanded its CFM56-7B services portfolio to include exchange engine solutions for Boeing 737NG customers worldwide. The company, an OEM-authorized CFM56-7B MRO provider, now offers serviceable engines with remaining life in exchange for unserviceable powerplants.
The company recently completed its first such exchange with Stellar Aviation Solutions, delivering a CFM56-7B26/3 engine in just six weeks to support a Boeing 737-800's return to cargo operations. StandardAero provides CFM56-7B MRO support from two locations: Winnipeg and Dallas, offering test cell capability redundancy and enhanced service capacity.