Oman's Low-Cost Carrier SalamAir Extends Its CFM International LEAP-1A Support Relationship with StandardAero with PRSV GTA

StandardAero (NYSE: SARO), a leading independent pure-play provider of aerospace engine aftermarket services, has extended its existing relationship with SalamAir, Oman`s low-cost carrier, for maintenance, repair and overhaul (MRO) support for the CFM International LEAP-1A turbofan engine through a new non-exclusive General Terms Agreement (GTA). The GTA paves the way for StandardAero to provide SalamAir with LEAP-1A performance restoration shop visits (PRSVs) in support of the airline’s fleet of Airbus A320neo family narrowbody aircraft.

StandardAero provides support for the next-generation CFM International LEAP-1A and LEAP-1B engine family from its 810,000 sq. ft. facility in San Antonio, TX, 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.

Commenting on the announcement for SalamAir, Adrian Hamilton-Manns, the airline’s CEO said: “Today’s announcement with StandardAero represents a key pillar in our ongoing LEAP-1A strategy. As a fast-growing LCC with a 15-strong fleet of A321neo aircraft we require strong partners who can support our ambitions. The need for increased engine support is critical to keep our expanding fleet operational.  StandardAero’s ability to support quick turn shop visits and their overall approach to meeting our needs place them as a key partner in our growth plan. We are very proud to have a partner like StandardAero helping us to manage our LEAP-1A program.”

“StandardAero is very pleased to further strengthen our existing LEAP-1A relationship with SalamAir through this newly signed General Terms Agreement,” said Olivier Ruffet, Vice President Sales EMEA and Lessors for StandardAero’s Airlines and Fleet business unit. “Having already inducted a number of SalamAir’s LEAP-1A engines for quick-turn shop visits (QTSVs), we are grateful to the airline for the trust shown in us as we now extend our support to include LEAP-1A PRSVs. We value SalamAir as one of the many LEAP-1A and LEAP-1B operators and asset managers from across North America, Latin America, Europe, the Middle East, South Asia and the Asia-Pacific region to have selected StandardAero for their engine MRO, and we look forward to maintaining a partnership with the airline for years to come.”

In addition to establishing MRO capability for the LEAP-1A and LEAP-1B at its San Antonio facility, StandardAero is also industrializing new engine component repairs for the LEAP family through its CRS team’s network of locations, and its Repair Development Center of Excellence. To date, StandardAero’s CRS team has industrialized more than 350 component repairs for the LEAP-1A and LEAP-1B.

StandardAero also continues to grow its team of LEAP technicians through its in-house Aviation Mechanic Training Program, located at its San Antonio site’s Training Academy.