Last year proved to be an “outstanding” one for StandardAero (Booth No. 439), according to Scott Taylor, senior vice president of business aviation.

The Dubai Aerospace Enterprise-owned company received nearly $20 million in investment funds from the shareholders within DAE, resulting in a $1 million-facility upgrade and several new programs and initiatives to support its customers.

Among the new initiatives is a cost-assistance program for the TPE331 engine, which reduces the cost of unscheduled maintenance for a period of four years following an overhaul. StandardAero will cover 100 percent of the unscheduled maintenance costs for the first year, 75 percent the next year, 50 percent the third year and 25 percent the fourth year. The program, which also provides the customer with a no-cost Spectrometric Oil Analysis Program kit, is fully transferable in the event of an aircraft sale.

The company is also working to reduce turnaround time on a variety of services. Industry-wide the average turnaround time for TFE731 core-zone inspection overhauls is 28 days, but StandardAero’s Fastlane program averages turnaround times of 14 days.