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Vector Aerospace to be acquired by Veritas Capital

Vector Aerospace to be acquired by Veritas Capital

Veritas Capital Fund Management LLC (“Veritas”) has entered into an agreement to acquire Vector Aerospace Corporation (www.vectoraerospace.com). New York-based Veritas is a leading private equity firm, whose current portfolio includes StandardAero. The acquisition is subject to customary conditions, including securing regulatory approvals, and is expected to close by the fourth quarter of 2017 or early… Read more »

Source: Vector Aerospace, 11-Jul-17

StandardAero to buy Vector Aerospace from Airbus

StandardAero to buy Vector Aerospace from Airbus

Amsterdam, 5 July 2017 – StandardAero Aviation Holdings, Inc. (“StandardAero”) and Airbus SE (“Airbus”) today announced that they have entered into exclusive negotiations with respect to an acquisition by StandardAero of Vector Aerospace Holding SAS (“Vector”) from Airbus. Vector is a global aerospace maintenance, repair and overhaul company, providing responsive, quality support for turbine engines,… Read more »

Source: Airbus Helicopters, 10-Jul-17

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StandardAero celebrates 50 years supporting the RR Model 250

StandardAero celebrates 50 years supporting the RR Model 250

The annual Helicopter Association International (HAI) Heli-Expo 2017 marks the 50th year that StandardAero has offered Roll-Royce M250 helicopter engine services to the industry. The company was first contracted in 1967, then by Allison Engine Company, to provide engine MRO services for the Canadian Air Force CH-136 Kiowa helicopter fleet. Through collaboration with Rolls-Royce and… Read more »

Source: StandardAero, 08-Mar-17

StandardAero Signs Agreement for Chinese M250 Maintenance Partnership

StandardAero Signs Agreement for Chinese M250 Maintenance Partnership

StandardAero has signed a new agreement with Chinese partner, ChongQing General Aviation Co., Ltd. (CQGA), establishing CQGA as the company’s first StandardAero Approved Service Center for Rolls-Royce M250 engine Maintenance services in China. The agreement was signed by CQGA and StandardAero executives on November 1 at the Zhuhai Airshow. The new agreement will provide Chinese… Read more »

Source: Standard Areo, 13-Nov-16