FARNBOROUGH, U.K. -- StandardAero has renewed its independent TRUEngineTM authorized maintenance repair and overhaul (MRO) provider agreement for CF34 and CFM56* engines, demonstrating an ongoing commitment to OEM quality engine maintenance.
As an authorized TRUEngine MRO provider, CFM56 or CF34 engines overhauled by StandardAero are eligible for TRUEngine status, allowing the engine serial numbers to be included in the TRUEngine database made available to industry appraisers and potential buyers.
"Being selected by our airline customers to provide the very highest standards of service is a tremendous testimonial to our reputation for quality, service and value," said Rob Cords, President, Airlines & Fleets, StandardAero. "It's an even bigger testament when all the work is performed under our GE authorized TRUEngine designation."
"StandardAero is recognized around the industry for technical excellence and commitment to customer outcomes, offering perfect alignment with the TRUEngine Program," said GE Aviation, Services President and Chief Executive Officer Kevin McAllister. "We are very pleased to renew the TRUEngine MRO designation."
With the TRUEngine designation, engine owners, potential buyers, lessors and appraisers know an engine's content and maintenance history have been verified by GE or CFM, enabling them to more easily evaluate engine configuration, asset value and re-marketability. More than 12,000 engines are enrolled in the program.
Studies show engines maintained in the OEM configuration can have as much as 50% higher residual value versus those engines not maintained with OEM parts and repairs. The TRUEngine designation is provided on an individual engine serial number basis and remains in effect until the next shop visit. There is no cost to participate, and the TRUEngine designation is fully transferable.
About StandardAero
StandardAero is one of the world's largest independent providers of services including engine and airframe maintenance, repair and overhaul, engine component repair, engineering services, interior completions and paint applications. StandardAero serves a diverse array of customers in business and general aviation, airline, military, helicopter, components, energy and VIP completions markets. The company celebrated its 100th year of industry leadership in 2011. In 2015, StandardAero was purchased by Veritas Capital, a leading private equity firm headquartered in New York City. Veritas invests in companies that provide critical products and services to government and commercial customers worldwide including those operating in aerospace & defense, healthcare, technology, national security, communications, energy and education. More information can be found on the company's website at www.standardaero.com.
About GE Aviation
GE Aviation, an operating unit of General Electric Company (NYSE: GE), is a world-leading provider of commercial and military jet engines and components as well as integrated digital, electric power, and mechanical systems for aircraft. GE is the world's Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the "GE Store," through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry.
TMTRUEngine trademark is licensed by GE.
*CFM, CFM56, LEAP and the CFM logo are trademarks of CFM International, a 50/50 joint company between GE and Safran Aircraft Engines.