SCOTTSDALE, Ariz. — StandardAero, a leading aerospace engine service provider listed on the NYSE under the ticker SARO, has expanded its capabilities to support CFM International LEAP-1A and LEAP-1B engines by launching a global engine leasing program. This strategic move is aimed at assisting Airbus A320neo and Boeing 737 MAX operators during engine maintenance, thereby reducing aircraft downtime and optimizing fleet operations.
With annual revenue of $5.4 billion and a 21% year-to-date stock gain, StandardAero continues to demonstrate strong financial and operational momentum. According to InvestingPro, the company has achieved a notable 17% revenue growth, signaling a strengthening market presence.
At the core of this new offering is StandardAero’s 810,000-square-foot facility in San Antonio, Texas. This site is equipped to perform quick-turn services and full performance restoration shop visits for LEAP engines. The company boasts a healthy current ratio of 2.0 and manageable debt levels, ensuring it remains financially well-positioned to meet rising service demand.
As a CFM LEAP Premier MRO provider, StandardAero made headlines in March 2023 by becoming the first non-airline company in the Americas to sign a CFM Branded Service Agreement for both LEAP-1A and LEAP-1B engines.
Will Pitcher, Senior Vice President of Sales, Marketing, and Customers at StandardAero, emphasized the significance of the new leasing service, developed in partnership with top engine lessors. “Providing lease engines during maintenance helps customers maintain fleet availability and reduces overall maintenance costs,” said Pitcher.
StandardAero serves a broad clientele, including commercial airlines and asset managers worldwide, offering end-to-end engine and component repair solutions. Its Component Repair Services unit has pioneered over 300 proprietary LEAP engine repair techniques and continues to innovate in the aftermarket sector.
The company also invests in workforce development through its in-house Aviation Mechanic Training Program at the San Antonio Training Academy, underscoring its long-term commitment to technical excellence.
CFM International — a joint venture between GE Aerospace and Safran Aircraft Engines — manufactures the LEAP engine family, which is in service with over 600 operators globally.
StandardAero is set to showcase its leasing capabilities at the upcoming CFM International Leasing Conference in Budapest on May 20, 2025. With a market capitalization of $10 billion, the company continues to broaden its aftermarket service portfolio across the aviation landscape.
Recent financial results further illustrate the company’s upward trajectory. For Q1 2025, StandardAero reported $1.4 billion in revenue — a 16% year-over-year increase — alongside a 20% rise in adjusted EBITDA to $198 million. Net income jumped to $63 million from $3 million in the same quarter last year. UBS analysts raised their price target for SARO to $30, maintaining a Neutral rating, and acknowledged the company’s solid execution and LEAP-focused investments, while noting that future growth will require significant capital outlay, which could pressure margins.
The company posted earnings per share of $0.19, in line with expectations, and reaffirmed its strong market positioning. For the full year, StandardAero projects revenue between $5.825 billion and $5.975 billion, and adjusted EBITDA between $775 million and $795 million. CEO Russell Ford pointed to sustained demand for LEAP services, with a backlog topping $1 billion. He also confirmed that the company is actively pursuing M&A opportunities to support its growth strategy.
StandardAero’s latest initiatives underscore its strategic intent to lead in the aerospace aftermarket sector, leveraging innovation, partnerships, and scale to serve a global customer base.