Engines
Standard Aero expands with TSS Aviation buy
In a bid to expand its capabilities to service larger turbine engines, Standard Aero has purchased turbine engine component overhauler TSS Aviation of Cinc

In a bid to expand its capabilities to service larger turbine engines, Standard Aero has purchased turbine engine component overhauler TSS Aviation of Cincinnati, Ohio, for $65 million. Standard Aero and Landmark Aviation were purchased by Dubai Aerospace Enterprise (DAE) from private-equity firm Carlyle Group last month for $1.9 billion.

The TSS Aviation acquisition plays a key role in the growth of DAE Engineering’s maintenance, repair and overhaul (MRO) strategy, according to Paul Soubry, president and CEO of Standard Aero and Landmark Aviation, both of which are now part of DAE Engineering.