Recent Updates — SARO
StandardAero, Inc. announced that Kimberly Ernzen will no longer serve as Chief Operating Officer, effective September 28, 2026. Ms. Ernzen will remain employed to support the leadership transition through December 31, 2026, with a formal transition agreement yet to be finalized. StandardAero provides maintenance, repair, and overhaul services for aircraft engines and components.
StandardAero reported second quarter 2026 financial results for the period ended June 30, 2026. Revenue increased 4.6% year-over-year to $1,599.7 million, while net income rose 43.7% to $97.3 million. Diluted GAAP EPS was $0.29, and adjusted diluted EPS grew 24% to $0.40. Adjusted EBITDA increased 12.3% to $229.9 million with a record margin of 14.4%. The company generated an inflow of $50.2 million in free cash flow. StandardAero raised its full-year 2026 guidance, projecting revenue between $6,375 and $6,500 million, adjusted EBITDA between $885 and $910 million, and adjusted diluted EPS between $1.50 and $1.57. The company also announced the acquisition of Unified Turbines and a new license agreement with a key OEM partner. StandardAero operates in the aerospace industry, providing independent aftermarket engine services for fixed and rotary wing aircraft.