U.S. MRO StandardAero is targeting expanded auxiliary power unit (APU) and engine repair services with mainline and regional airline customers in 2018 having started the new year by announcing a new contract with PSA Airlines.
The agreement with the U.S. regional carrier, announced on Jan. 2 and beginning with immediate effect, will run until July 2022 and entails StandardAero repairing Honeywell RE220 and Honeywell 36-150RJ APUs found on PSA’s fleet of Bombardier CRJ 700/900 and CRJ200 aircraft.
Work will be undertaken at StandardAero’s Maryville, Tennessee facility on the PSA fleet which currently numbers 121 aircraft. The Vandalia, Ohio-headquartered carrier plans to expand this number to 150 aircraft in the next few years.
The agreement with American Airlines Group subsidiary PSA is due to be followed by another APU second contract with a U.S. regional carrier scheduled to be announced today (Jan. 3) at 8:30am (MST), StandardAero said.
Sharing some of the company’s growth plans with MRO-Network.com, Peter Turner, president StandardAero Airlines and Fleets, says: “Our goals are to continue the strong growth that we’ve seen in 2017 and to secure additional, large, commercial engine MRO platforms as well as expanded APU MRO services.” In addition, “We see continued market growth opportunities with global mainline airlines as well as regional airlines around the world,” says Turner.
Turner says another key focus in 2018 will be the integration of the former Vector Aerospace commercial product and services business into StandardAero’s Airlines and Fleets division.
The Canadian MRO was offloaded by Airbus to StandardAero for an undisclosed figure in November 2017.
By acquiring Vector, StandardAero acquired new commercial turboprop MRO capabilities for Pratt & Whitney Canada PT6s and PW100s engines.
Turner says post-acquisition, StandardAero will remain focused on core regions.
“With our recent acquisition of Vector Aerospace and our expanded global footprint, we will continue to focus on the Americas and EMEA, but will continue to expand our focus on assisting airlines in Asia as well to optimize their MRO solutions,” he says.