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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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Asok Kumar Appointed Global CEO of Morrison Express

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Morrison Express has appointed Asok Kumar as its new Global Chief Executive Officer, effective August 1, 2025, following the company’s acquisition by Sagawa Express, a subsidiary of Japan’s SG Holdings. The move marks a significant milestone as Morrison is integrated into SG Holdings’ global logistics network.

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Chorus Aviation Acquires Elisen & Associates

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Chorus Aviation has signed an agreement to acquire Elisen & Associates, a Montreal-based engineering and certification firm known for its work on A220 aircraft as well as Bombardier, Gulfstream, and Learjet special mission platforms. The acquisition aims to enhance Chorus’s competencies in defense contracting, specialized MRO, and aerospace engineering, while expanding its footprint within the heart of Montreal’s aerospace ecosystem.

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Exchange Income Acquires Canadian North For $150 Million

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Exchange Income Corporation (EIC) has finalized the acquisition of Bradley Air Services, the parent company of Canadian North, for US$150 million. This strategic acquisition strengthens EIC’s presence in the regional airline and essential air services market in Northern Canada. The transaction was predominantly financed through the corporation’s existing credit facility, indicating strong financial backing and confidence from lending institutions…

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Asiana Cargo Sale To Air Incheon Nears Completion

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Asiana Cargo, the cargo division of South Korea’s Asiana Airlines, is in the final stages of its acquisition by Air Incheon, marking a pivotal moment in the consolidation of the country’s air freight market. Following regulatory approvals by the Ministry of Land, Infrastructure and Transport (MLIT), the unified cargo airline is expected to officially launch in July 2025.

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Triumph Group to Be Acquired by Warburg Pincus and Berkshire Partners in $3 Billion Deal

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Triumph Group, a leading aerospace and defense systems and components company, has announced a definitive agreement to be acquired by affiliates of Warburg Pincus and Berkshire Partners. The transaction is valued at approximately $3 billion and will result in Triumph becoming a privately held company.

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AirAsia X Extends Acquisition Timeline for Capital A’s Aviation Business

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AirAsia X (Malaysia) has announced a mutual agreement with Capital A (Malaysia) to extend the deadline for completing its proposed acquisition of Capital A’s aviation business, which includes AirAsia Aviation Group and AirAsia. The revised timeline now extends from 25 January to 24 March 2025.

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Werner Aero Becomes Wholly Owned Subsidiary of Sumitomo Corporation

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Werner Aero (US) has officially become a wholly owned subsidiary of Sumitomo Corporation of Americas (US), following its full acquisition by Sumitomo Corporation (Japan) and its US division on 27 December 2024. This strategic acquisition marks an important step in strengthening Sumitomo’s global presence in the aviation sector.

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Dubai Aerospace Enterprise to Acquire Nordic Aviation Capital

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Dubai Aerospace Enterprise (DAE), a leading global aircraft leasing company based in the UAE, has announced the signing of a definitive agreement to acquire 100% of Nordic Aviation Capital (NAC), an Ireland-based lessor specializing in regional aircraft. This acquisition marks a significant expansion of DAE’s portfolio and strengthens its position in the global aviation leasing market.