StandardAero's shares opened 29% above the initial public offering price in their market debut on Wednesday, giving the Carlyle-backed aviation maintenance services provider a market value of about $10.4 billion.
Russell Ford, StandardAero CEO, joins CNBC's 'Money Movers' to discuss the company's nearly $1.5 billion raised in its initial public offering, growth plans for the future, and more.
Jet-engine aftermarket company prices above the top of its range for its trading debut on Wednesday.
StandardAero, which was founded in 1911, serves commercial-aerospace, military and helicopter, and business-aviation clients with about 7,300 employees working at more than 50 facilities across the globe.