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StandardAero has achieved a few engine overhaul milestones and continued to see stronger than anticipated exercise regardless of the results of the Covid-19 pandemic, the MRO supplier introduced at NBAA-VBACE. Among the many firm’s milestones are the current completion of its 21,000th Honeywell TFE731 engine overhaul, in addition to the completion of greater than 650 HTF7000 overhauls since receiving Honeywell authorization for that engine restore and overhaul work in 2016.
Total, the engine restore and overhaul enterprise has been higher than anticipated in 2020 at StandardAero, mentioned enterprise aviation division president Tony Brancato throughout a digital information convention this morning.
“Our enterprise aviation division has held up very well all through the pandemic and we’re displaying some sturdy outcomes,” Brancato mentioned. “We’re seeing a very good pipeline of quantity coming via. We’ve seen some unanticipated enhancements fairly frankly in scheduled bookings and store visits. We’ve even seen some increased inputs than previous to Covid-19. Many enterprise aviation operators have used this downtime as a chance to carry their property in for early upkeep, and our MRO retailers are persevering with to e book and schedule effectively into 2021.”
He mentioned as the corporate enters a brand new yr, it’s seeing constructive indicators equivalent to elevated flight hours. “We’ve discovered methods to work with Covid and ship for our clients and so they’ve discovered methods to work to satisfy their enterprise wants and their journey wants,” Brancato defined.
If there may be one concern, he mentioned, it’s the assorted international journey restrictions that stay in place. “We have to get these international vacationers again within the air. All of us must be secure and sort out Covid collectively.”
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