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

StandardAero is 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.

The 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, PEI, 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 of Aviation for StandardAero, says, “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,” says 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 as well as 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.

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