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AAR Acquires HAECO Americas To Expand Heavy Maintenance Operations

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AAR CORP. (NYSE: AIR), a leading aviation services provider for commercial and government operators, has announced the acquisition of HAECO Americas from HAECO Group for $78 million in an all-cash transaction, subject to customary adjustments. This acquisition immediately strengthens AAR’s heavy maintenance footprint and advances its strategic goal of expanding the Repair & Engineering segment, one of the company’s four operating divisions.

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Airinmar Extends Warranty And Value Engineering Deal With Cebu Pacific

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Airinmar, a subsidiary of AAR CORP., has signed a multi-year extension of its aircraft warranty management and value engineering services agreement with Cebu Pacific, one of Asia’s fastest-growing low-cost carriers. The deal continues a collaboration that began in 2022 and underscores the importance of cost optimization and efficiency in fleet management.