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StandardAero Soars 10.17% on MRO Approvals in Key Markets
Generated by AI AgentAinvest Movers Radar
Wednesday, Apr 9, 2025 5:44 am ET1min read
On April 9, 2025, StandardAero's stock surged by 10.17% in pre-market trading, reflecting significant investor optimism and market confidence in the company's recent developments.
StandardAero has secured maintenance organization approval from the aviation regulatory bodies of India, Japan, and the United Arab Emirates for the CFM International LEAP-1A and LEAP-1B turbofan engines. This approval allows
to expand its maintenance, repair, and overhaul (MRO) activities for these engines, supporting Airbus A320neo family and 737 MAX operators in these regions.India is a crucial market for the LEAP-1A and LEAP-1B engines, with over 800 engines in service and an additional 2,400 on order. Japan has been operating these engines since 2020, with over 50 engines in service and 100 more on order. The United Arab Emirates is also a significant market, with approximately 150 engines in service and over 600 on order.
StandardAero's San Antonio facility, which began accepting
quick-turn shop visits in March 2024, has been instrumental in this expansion. The company has also industrialized over 300 component repairs for the LEAP family and continues to grow its team of LEAP technicians through its in-house training program.
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