StandardAero signs general terms agreement with AviLease

StandardAero (SARO) has signed a general terms agreement with global aircraft lessor AviLease. This GTA paves the way for StandardAero to provide AviLease with MRO services for the CFM International LEAP-1A/LEAP-1B and CFM International CFM56-7B in support of its global leasing activities. As capital allocators, AviLease owns and manages a portfolio of 200 predominantly new-technology, fuel-efficient aircraft on long-term lease to 53 airline customers.