Press Release

Issued by StandardAero.

October 11, 2021

Since acquiring Signature Aviation's Engine Repair and Overhaul Global Engine Services (GES) business on July 1 of this year, StandardAero has been moving quickly with the overall integration of the two companies to meet the growing demands for business aviation MRO services and support.

Prior to the completion of the acquisition, StandardAero had already established an Integration Management Office (IMO) and appointed a dedicated leader and team to drive various workstreams and action plans.

“In addition to forming a dedicated IMO, we utilised processes and lessons learned from our prior acquisition of Vector Aerospace several years ago,” explained Tony Brancato, president of StandardAero business aviation. “We have learned that having a multi-disciplinary IMO is very important and using a disciplined, evidence-based approach ensures that there are adequate change management processes. Our overall goal is to blend the best practices from both of our companies and emerge as a smarter, stronger and better collective team,” he added.

Thus far, the IMO and functional teams are making substantial progress integrating the company's domestic sales team while making multiple investments and organisational changes in StandardAero's mobile services teams.

“Our merger immediately expands StandardAero's ability to provide the best support for customers and places our company in a position to be one of the most cost-effective and client-focused MRO companies in the world. We are working closely with our customers and reviewing our progress with the StandardAero customer advisory board, an independent voluntary board made up of a cross section of twelve business aviation flight department leaders and operators. And finally, our combined workforce of highly skilled and long-tenured technicians and experienced aerospace professionals is continuing to fuel our collective passion for outstanding customer service.” Brancato concluded.