Press Release List

Wednesday, June 23, 2021

Exchange Income Corporation’s (EIC) Air Operators Select StandardAero to Provide PW100, PT6A and JT15D Support Services Under Multi-Year Agreement

SCOTTSDALE, Ariz. – June 23, 2021 – StandardAero has been selected by a number of Exchange Income Corporation’s (EIC) air operators to provide support services for the Pratt & Whitney Canada PW100, PT6A and JT15D engines.  Under the multi-year agreement, StandardAero will provide responsive engine maintenance, repair and overhaul (MRO) services to the following EIC’s air operators:  Air Borealis, Calm Air International, Canlink Aviation (dba MFC Training), Keewatin Air, Perimeter Aviation, PAL Aerospace, PAL Airlines and Wasaya Airways.

This agreement extends a long-standing relationship between EIC’s air operators and StandardAero, which has supported certain of EIC’s air operators from its Canadian overhaul and service center locations for several decades.  Under the new agreement, StandardAero will support EIC’s air operators from its location in Summerside, PE, Canada, which is a OEM-authorized PW100 Designated Overhaul Facility (DOF), an OEM-authorized PT6A DOF with Distribution rights on certain engine models and an OEM-authorized JT15D DOF.  StandardAero will also provide additional support from its network of service centers. 

Commenting on the agreement for the EIC air operators, David White, Executive Vice President Aviation, said, “In our years of work together, EIC’s air operators have always appreciated StandardAero’s professionalism, reliability, attention to detail and understanding of our business.  We are pleased to continue our relationship with StandardAero moving forward.”

“StandardAero is delighted to have been chosen by EIC to support its family of Canadian air operators,” commented Lewis Prebble, President of Airlines and Fleets for StandardAero.  “We are truly honored to have been entrusted by EIC with the PW100, PT6A and JT15D MRO needs of its air operators, and look forward to continuing this close relationship through the provision of reliable, high quality and value for money services for many years to come.”

Exchange Income Corporation is a diversified acquisition-oriented company, focused in two sectors: aerospace & aviation services and equipment, and manufacturing.  The Corporation uses a disciplined acquisition strategy to identify already profitable, well-established companies that have strong management teams, generate steady cash flow, operate in niche markets and have opportunities for organic growth.  For more information on the Corporation, please visit www.ExchangeIncomeCorp.ca.

StandardAero is a Pratt & Whitney Canada authorized PW100 engine Designated Overhaul Facility (DOF), with overhaul facility locations in Summerside, PE, Canada and Gonesse, France, supported by five service center locations across the Americas, Europe, Africa and Asia.  With more than 25 years of reliable turboprop MRO experience, the company provides engine support options and recommendations that are tailored to operators’ specific needs.  StandardAero’s service offering on the PW100 family also includes engine condition trend monitoring (ECTM) services, as a CAMP Systems Designated Analysis Center (DAC).

StandardAero is also a Pratt & Whitney Canada authorized PT6A engine DOF with distribution rights on certain engine models.   The company supports the global PT6A operator community from four DOFs located in North America, Europe, Africa and Australasia, backed up by a global network of six service centers and over twenty dedicated mobile repair technicians.  With more than 25 years of reliable turboprop experience, StandardAero provides operators with a nose-to-tail suite of services, including repair schemes, re-engineering STCs, engine exchanges, rentals and Engine Condition Trend Monitoring (ECTM) analysis.

In addition, StandardAero is a Pratt & Whitney Canada authorized JT15D engine DOF, with an overhaul facility location in Summerside, PE, Canada, supported by three service center locations in Grapevine, TX, USA; Kennesaw, GA, USA; and Brisbane, QLD, Australia.  StandardAero’s JT15D service offerings include the VMAX pay-per-hour support program, which delivers peace of mind through a predictable, ‘no surprises’ engine maintenance expense guarantee.




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 and energy markets. StandardAero is owned by global investment firm The Carlyle Group. For more information about StandardAero, go to www.standardaero.com.