StandardAero Announces New Cost Assistance Program for TPE331 Owners

Geneva, Switzerland – May 3, 2010 – StandardAero, a Dubai Aerospace Enterprise (DAE) company announced today that it will provide its TPE331 customer’s unscheduled-maintenance cost assistance free of charge with every overhaul event. The program offers pro-rated cost assistance on unscheduled maintenance for a period of four years from the date of initial installation following overhaul by StandardAero.

This program, designed to significantly reduce customers’ financial exposure to long-term, unscheduled maintenance costs, is available exclusively from StandardAero at no additional cost. “In addition, the program provides no-charge Spectrometric Oil Analysis Program (SOAP) kits until the first scheduled HSI interval and the plan is fully transferable upon sale of the aircraft.” StandardAero also extends its leadership in engine event turnaround time by offering the ability to perform a TPE331 overhauls in an industry-leading 18 days.

“Given the current global economic uncertainties, the ability to reduce the financial risk of an unanticipated engine event and increase the value of one’s aircraft through a fully transferrable cost assistance program, offers security of mind, reduced cost and increased operational value,” said senior vice president, Business Aviation, StandardAero, Scott Taylor. “Our announcement of this new program is just one more customer-oriented, quality-aligned service, in an expanding array of one-stop-shop, value-added services that StandardAero is providing to its customers.”

For more information on StandardAero’s TPE331 Cost Assistance Program, go to,

StandardAero, a Dubai Aerospace Enterprise (DAE) company with nearly $1.4 billion in annual revenue, specializes in engine maintenance, repair and overhaul, and nose-to-tail services that include airframe, interior refurbishments and paint for business and general aviation, air transport, and military aircraft. The company, part of the DAE Engineering division, forms a global services network of 12 primary facilities in the U.S., Canada, Europe, Singapore and Australia, with an additional 14 regionally located service and support locations.

About DAE:

Dubai Aerospace Enterprise is building a globally recognized aerospace corporation with operations from aircraft leasing, maintenance, repair and overhaul (MRO), and Aviation IT solutions. It is creating an innovative business that builds on the dynamics of Dubai and continuous growth in aviation.

Headquartered in Dubai, the group is growing through a series of phased developments and acquisitions to become a global player and to produce an integrated aerospace cluster, based at Dubai World Central – the new 140 square kilometer airport and logistics city being constructed in Jebel Ali, Dubai. It is forming international partnerships at the highest level of industry with the aim of establishing one of the most innovative and successful businesses in the global aerospace industry within the next decade.