AIR - Mergers and acquisitions

The acquisition expands AAR's heavy maintenance footprint and accelerates the Company's strategic objective to grow its Repair & Engineering segment Related to the transaction, AAR secured multi-year heavy maintenance contracts with key customers worth over $850 million WOOD DALE, Ill., Nov. 3, 2025 /PRNewswire/ -- AAR CORP. (NYSE:AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today it has acquired HAECO Americas from HAECO Group for $78 million in an all-cash transaction, subject to customary adjustments. The acquisition immediately expands AAR's maintenance footprint and accelerates the Company's strategic objective to grow i

ADI expands AAR's fast growing new parts Distribution and accelerates the Company's strategy to expand market share WOOD DALE, Ill., Sept. 25, 2025 /PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today it has acquired American Distributors Holding Co., LLC (ADI), a leading distributor of components and assemblies, for $146 million in an all cash transaction funded using the Company's existing revolving credit facility. The acquisition immediately expands AAR's new parts Distribution activity with new additional product lines and extensive OEM relationships. The business will become part of AAR's

Wood Dale, Illinois, March 20, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE:AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has acquired Trax USA Corp., a leading independent provider of aircraft MRO and fleet management software. Founded in 1999 and headquartered in Miami with approximately 110 employees, Trax offers critical software applications to a diverse global customer base of airlines, MROs, and government aircraft operators supporting approximately 5,000 aircraft. Trax's comprehensive solutions support the entire spectrum of maintenance activities and create the system of record required by airlines, MROs, and government aircraf

Wood Dale, Sept. 29, 2021 (GLOBE NEWSWIRE) -- AAR (NYSE:AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, and Fortress Transportation and Infrastructure Investors (NYSE:FTAI) announced a joint initiative associated with their CFM56-5B and -7B partnership to help customers achieve industry-wide sustainability goals aimed at reducing CO2 emissions in international aviation. Every year, jet engine maintenance results in a significant monetary and environmental cost for the industry. FTAI and AAR's new initiative highlights the environmental benefits of recycling serviceable material and affords customers a path to reduce their overall carbo

NEW YORK, Sept. 29, 2021 (GLOBE NEWSWIRE) -- Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) and AAR CORP. (NYSE:AIR) announce a joint initiative associated with their CFM56-5B and -7B partnership to help customers achieve industry-wide sustainability goals aimed at reducing CO2 emissions in international aviation.   Every year, jet engine maintenance results in a significant monetary and environmental cost for the industry. FTAI and AAR's new initiative highlights the environmental benefits of recycling serviceable engine material and affords customers a path to reduce their overall carbon footprint. FTAI and AAR will together contribute a percentage of all used ser

Wood Dale, Dec. 03, 2020 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services, and Fortress Transportation and Infrastructure Investors (NYSE: FTAI) announced an agreement to create Serviceable Engine Products, an exclusive seven-year CFM56 used serviceable material (“USM”) partnership. The partnership will build USM inventory for the global aviation aftermarket and FTAI’s own consumption at The Module Factory™, a dedicated commercial maintenance center focused on modular repair and refurbishment of CFM56-7B and CFM56-5B engines. Through its worldwide network, AAR will manage the teardown, repair, marketing and sales of spare parts from FTAI’s CFM56 engine pool to

NEW YORK, Dec. 03, 2020 (GLOBE NEWSWIRE) -- Fortress Transportation and Infrastructure Investors LLC (NYSE: FTAI) announced an agreement with AAR CORP. (NYSE: AIR) to create Serviceable Engine Products, an exclusive seven-year CFM56 used serviceable material (“USM”) partnership. The partnership will build USM inventory for the global aviation aftermarket and FTAI’s own consumption at The Module Factory™, a dedicated commercial maintenance center focused on modular repair and refurbishment of CFM56-7B and CFM56-5B engines. Through its worldwide network, AAR will manage the teardown, repair, marketing and sales of spare parts from FTAI’s CFM56 engine pool totaling over 200 engines and growin