StandardAero, Inc. (NYSE: SARO), a leading independent pure-play provider of aerospace engine aftermarket services including engine maintenance, repair and overhaul (MRO) and engine component repair, has signed an agreement with Arajet, the flagship airline of the Dominican Republic, to provide MRO services for the CFM International LEAP-1B engine. The LEAP-1B powers Arajet’s growing fleet of new generation Boeing 737 MAX 8 narrowbody aircraft.

Under this new agreement, Arajet will have access to the wide range of LEAP-1B services provided by StandardAero from its facility in San Antonio, TX, including performance restoration shop visits (PRSVs), quick-turn shop visits (QTSVs), component repairs, short-term engine leases and engine health monitoring (EHM) data analysis services.