AAR

Here is what's been happening in the industry amidst the ongoing airshow.

Demand for commercial aftermarket services remains strong in general but is showing signs of capacity shifts within the low-cost airline sector.

AAR Corp posted record sales of $657 million in its fiscal 2024 fourth quarter (Q4), up 19% year-on-year.

At this year’s MRO Americas, North American airlines and MROs discussed strategies targeted toward workforce and supply chain headaches.

Tight MRO capacity and supply chain delays are causing North American operators to take a more forward-thinking approach to planning.

AAR identified PMA development as a new business opportunity about a year ago.

AAR Corp. is using lessons learned from a challenging but ultimately beneficial expansion to help avoid similar start-up headaches, its top executive shared.

Investment bank Jefferies estimates that aftermarket revenue reached 109% of 2023 levels in the first quarter of 2024.

AAR’s purchase of Triumph addresses two of the top problems of the MRO industry.

The state of affairs for aftermarket growth and navigating current market challenges in the region.

Continuing an annual tradition dating back to 1957, Aviation Week Network editors honored a wide variety of industry accomplishments.

AAR sees the Triumph product support business as a promising avenue for both growth and accomplishing current component overhaul work more cost effectively

Whether large commercial MRO providers or financial firms focused on aerospace and defense, the appetite for snapping up aftermarket assets is robust.

Advanced air mobility OEMs are making maintenance preparations ahead of looming service entry dates.

Component MRO providers are expanding battery capabilities and growing their global footprint, including AAR Corp., Antavia and Concorde Battery Corp.

How MRO providers are looking to find the right operational balance to deliver in the face of capacity challenges.

Airframe, engine and business acquisitions are driving growth at aftermarket parts suppliers.

MROs are seeing greater interest in nose-to-tail maintenance lines for Boeing 737 platforms.

Large backlogs, a robust air travel market, and recent supply chain disruptions boosting demand for servicing of legacy aircraft bode well for the aftermarket.

The AAR and Indamer Technics joint venture is growing facilities, capabilities, workforce and customers.

AAR Corp. announced on Dec. 21 that it would buy Triumph’s (TGI) Product Support Group for $725 million.

Under the deal, AAR will expand its narrowbody maintenance capacity and offer Alaska six lines at its Oklahoma City facility.

MRO providers consider international recruitment and implement more flexible workforce schedules as they face pressure from the growing technician shortage.

Solving the industry’s problem requires applying all available resources—from industry, government and aviation education—to draw new talent to the field.

Prediction, digitization and leveraging AI are where almost all MROs converge in their hopes for the future.