StandardAero Signs Service Agreement with Russian Regional Carrier, Ak Bars Aero for Fleet Maintenance, Repair and Overhaul

Tempe, Ariz. – August 23, 2011 – StandardAero announced today that it has signed a service agreement with Russian regional carrier, Ak Bars Aero, for the maintenance, repair and overhaul (MRO) of the fleet’s General Electric CF34-3B1 engines and Honeywell GTCP36-150RJ Auxiliary Power Units (APUs). The engines and APUs power Ak Bars Aero’s fleet of CRJ200 aircraft.
The agreement was signed in July with all engine work being performed at StandardAero’s CF34 engine facility in Winnipeg, Canada, and APU MRO being conducted at the company’s Maryville, Tenn., location.

“Today’s announcement reflects StandardAero’s global growth and recognition as a world-class provider of commercial airline powerplant MRO,” said Jennifer McNeill, acting senior vice president, Airlines and Fleets, StandardAero. “The CRJ200 is becoming an important platform for the Russian regional market and our alliance with one of its main operators is of key strategic importance in fortifying our position in becoming the service provider of choice for carriers in this market.”