Aircraft maintenance service provider StandardAero could be put up for sale as owner the Carlyle Group considers listing the business for around $10bn amid a strong post-pandemic recovery. 

The US company was acquired by investment firm Carlyle from Veritas Capital for $5bn in 2019 and generated a solid $4.6bn revenue in 2023, making it an enticing time for Carlyle to profit from its initial investment. 

According to Reuters, the sale is just one of the ideas for the future of the company being considered by Carlyle, alongside an initial public offering, which is discussing plans with its advisors. 

One of the oldest aircraft maintenance companies around, StandardAero was founded in Canada in 1911 as Standard Machine Works and has since grown to be one of the largest MRO providers in the world. 

The company has contracts with some of aviation’s largest players such as Rolls-Royce and CFM International, and has also signed deals with next generation aviation technology businesses including Boom Supersonic

While neither StandardAero or Carlyle officially commented on the reports it would continue a trend of investment firms taking advantage of the aviation industry’s strong recovery from its pandemic-driven slump. 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In November 2023, Saudi Arabia’s sovereign wealth fund PIF went the other way to Carlyle and took the chance to invest in a 10% stake in London Heathrow Airport.