SCOTTSDALE, Ariz. – January 18, 2018 – StandardAero has signed a Letter of Intent with Rolls-Royce to provide engine MRO services for the RB211-535E4 program for the life of the engine type. This award designates StandardAero as the Rolls-Royce end-of-life engine maintenance service partner. Rolls-Royce RB211-535E4 engines are anticipated to remain in commercial airline service until the year 2040.
StandardAero will service these engines at its San Antonio, Texas Facility, where the company recently acquired a long-term lease for its existing facilities, previously leased by Kelly Air Center, and expanded space to provide more capacity for engine MRO growth. Moreover, the expanded lease space also includes four additional engine test cells to support higher thrust class and afterburning turbofan engines.
“The RB211-535E4 engine will be the highest thrust engine in StandardAero’s commercial MRO portfolio,” said Peter Turner, President of StandardAero’s Airlines and Fleets division.
RB211-535E4 engines are capable of generating 40,100 to 43,100 pounds thrust and power the Boeing 757 aircraft, which is flown by many of the world’s major airlines, with half of the fleet in-service in North America.
“Winning this large, long-term commercial contract is a true demonstration of our strong customer relationships, trusted service partnerships and proven abilities to successfully stand up engine MRO programs. Throughout our discussions with Rolls-Royce, we emphasized our mature engine management philosophy of innovative shop visit and workscope management, engineering and supply chain sustainment initiatives and notably, repair development and implementation through our Component Repair division,” said Turner.
“The San Antonio site provides us with footprint and test capabilities to insource other large commercial aero engines to in excess of 80,000 lbs. We are entering a new phase of providing services on an extended thrust class of engines that will provide a steady stream of work for decades to come,” Turner added.
Tom Palmer, Rolls-Royce, Senior Vice President – Services, Civil Aerospace, said, “We are continuing to evolve our CareNetwork to make it ever more competitive, capable, and flexible and this agreement strengthens the level of service support we can offer our customers. I know that in StandardAero we have a service provider that will be able to meet the needs of our RB211-535E4 customers both now and for the future.”
This contract win serves as another demonstration of StandardAero’s growth initiatives, such as the acquisition of three additional companies in 2017 – Jet Aviation Specialists and PAS technologies which supplemented the company’s Component repair capabilities -- and in November of last year, Vector Aerospace, augmenting the global presence of StandardAero. Rolls-Royce and StandardAero will be moving quickly into the operational execution phase for servicing the RB211-535E4 engines in San Antonio in the early weeks of 2018, to support first engine induction in early 2019.
StandardAero is one of the world's largest independent providers of services including engine and airframe maintenance, repair and overhaul, engine component repair, engineering services, interior completions and paint applications. StandardAero serves a diverse array of customers in business and general aviation, airline, military, helicopter, components and energy markets. The company celebrated its 100th year of industry leadership in 2011. In 2015, StandardAero was purchased by Veritas Capital, a leading private equity firm headquartered in New York City. Veritas invests in companies that provide critical products and services to government and commercial customers worldwide including those operating in aerospace & defense, healthcare, technology, national security, communications, energy and education. More information can be found on the company's web site at www.standardaero.com.