Aircraft Maintenance Technology - 35

More than a
century old,
StandardAero is
a worldwide MRO
with a goal to grow,
plans to tackle
industry challenges
of the present
and sights set on
what the future of
aviation will bring.
by Walker Jaroch

tandardAero was founded in 1911 as Standard Machine
Works, a small automotive parts repair shop located in
Winnipeg, Manitoba, Canada. The company's evolution
from its automotive beginnings transformed it into one of
the world's largest independent gas turbine engine maintenance, repair and overhaul (MRO) shops in the world.
The company employs more than 6,400 people across 41
repair shops located in 11 countries on five continents.
In the past five years, StandardAero has doubled the size of the company
while growing their backlog from $6 billion to more than $35 billion over the
next 10 years. Chairman and CEO of StandardAero, Russell Ford, anticipates
StandardAero's revenues to annually exceed $4 billion in 2020, with continued,
strong growth well into the future.
"We've also more than doubled the number of our facilities from 14 to 41
and nearly doubled the engine platforms we service from 25 to 41," said Ford.
"Today, we are a much more global company, with a broader footprint and more
global customers. In addition, we've completed six acquisitions in past five
years - Jet Aviation Specialists (JAS), PAS Technologies, Lockheed Martin Kelly
Aviation Center Space/Equipment, Vector Aerospace, Safe Aviation Solutions
and TRS Ireland to provide new helicopter capabilities, expand component
repairs, expand turboprop services, additional wide body engine and military
capabilities for our customers."

Cultivating a Culture
One of the contributing factors to the success of the company is the culture.
StandardAero's culture, Ford said, starts with their mission to be the best to
work for, the most trusted service partner and where customer solutions come
standard; their vision is to inspire the best and constantly raise the standards
of aviation service.
"Our company is known for providing outstanding customer service and a strong reputation for
quality. We build that culture through trusted
partnerships with our employees and our customers. Personal influence is integral to our success
and our employees are expected not only to 'own'
their work, but also to continuously improve while
working with a strong sense of teamwork. In addition to building a collaborative work environment
and camaraderie, we treat each other with dignity,
both respecting and appreciating our differences.
We also believe in supportive leadership where we
set a clear vision and objectives and help others Russell Ford, Chairman
be successful. Employees know what to do and & CEO of StandardAero
where they stand. As a result, StandardAero has
grown to become a successful, winning, growing, recognized market leader
with long-tenured employees."
The success of 2019 is carrying over into 2020, with Ford predicting this year
will yield more growth for StandardAero as a result of incremental revenues
from several new, long-term, large engine MRO programs they won last year.
Revenue will also be bolstered by the completion of new facilities, tooling and
training to increase revenues via the increased volume and shop capacity.
"We also have some very exciting potential new programs that we are bidding
in our military, business aviation and commercial divisions in 2020," added Ford.

PHOTOS COURTESY OF STANDARDAERO

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Aircraft Maintenance Technology

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