Business Wire·Jul 21, 2026, 8:23 AM ET

StandardAero Signs LEAP LeaseTEAM Agreement with Global Lessor Avolon

StandardAero has signed a LeaseTEAM agreement with Avolon to provide a broad range of CFM International LEAP-1A & LEAP-1B engine services.
The multi-year, non-exclusive agreement acts as a maintenance backstop to support Avolon's underwriting activities & enhance flexibility for its airline customers.
Avolon's fleet includes approximately 150 Airbus A320neo (LEAP-1A) & 54 Boeing 737 MAX (LEAP-1B) aircraft.
Key benefits of the agreement include priority induction bookings to reduce downtime & not-to-exceed pricing on defined maintenance events.
Avolon can extend elements of the agreement to its airline customers, leveraging scale & purchasing power across North America, Latin America, Europe, the Middle East, Africa, South Asia, & Asia-Pacific.
StandardAero supports the LEAP family from its 810,000 sq. ft. San Antonio facility as a CFM LEAP Premier MRO provider & has completed multiple PRSV workscopes as of July 2026.
StandardAero's Component Repair Services team has industrialized more than 475 component repairs for the LEAP-1A & LEAP-1B families.
Avolon manages an owned, managed, & committed fleet of 1,117 aircraft across 138 airlines in 60 countries as of 30 June 2026.
StandardAero will showcase its LEAP capabilities at the Farnborough International Airshow 2026, held from July 20–24 in the United Kingdom.