Safe Aircraft Maintenance Standards Act This bill addresses safety standards related to foreign aircraft repair stations. Among other things, the bill requires that all foreign aircraft repair stations be subject to at least one unannounced safety inspection each year; requires air carriers to submit monthly reports to the Federal Aviation Administration (FAA) with respect to maintenance, preventive maintenance, or alternations of an aircraft; sets forth minimum qualifications for mechanics and others working on U.S. registered aircraft at foreign repair stations; and establishes a moratorium on FAA certification of new foreign aircraft repair stations if certain regulations are not implemented within one year.