For 50 years, StandardAero has been supporting Pratt & Whitney Canada’s JT15D turbofan engine family, and for the past 20 has maintained its PW300 and PW500 engines.

Signature Aviation's Engine Repair and Overhaul customers include regional airlines, commercial transportation providers, corporate flight departments, private operators, government agencies and defence departments.

Signature is pleased to have reached agreement to sell its Engine Repair and Overhaul business to StandardAero, and believes that the business will continue to flourish. The price tag is $230 million.