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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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Willis Lease Finance Reports Record Q3 2025 Results And Boosts Dividend

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Willis Lease Finance Corporation (NASDAQ: WLFC), a global leader in commercial aircraft engine leasing and aviation services, reported record financial performance for the third quarter of 2025, underscoring strong demand across its leasing and maintenance operations. The company achieved quarterly revenue of $183.4 million, marking a 25.4% increase year-over-year, and pre-tax income of $43.2 million, also up 25.4% from the same…

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Carlos Schattenkirchner Appointed CCO At Deerjet MENA

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Deerjet MENA FZCO has announced the appointment of Carlos Schattenkirchner as its new Chief Commercial Officer (CCO). In this strategic leadership role, Schattenkirchner will oversee all commercial operations and lead strategic growth initiatives across the Middle East, Europe, and Africa, reinforcing the company’s position in the dynamic business aviation market.

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SIA Engineering Revenue Surges 33% on Strong MRO Demand

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SIA Engineering, a leading provider of aircraft maintenance, repair, and overhaul (MRO) services, has posted strong financial results for the first quarter of its 2024/2025 fiscal year, buoyed by rising global demand for aviation support services. The company reported a 33.4% increase in revenue, reaching S$358.4 million (US$265.2 million), compared to the same quarter last year.

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AAR Reports 26% Sales Increase in 2Q Fiscal 2025

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AAR, a leading provider of aviation services based in the United States, has released its financial results for the second quarter of fiscal 2025, which ended on November 30, 2024. The company reported a 26% increase in sales, reaching $686 million. Despite this robust growth, AAR recorded a GAAP net loss of $31 million, reflecting ongoing operational and financial challenges.

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Avia Solutions Group to Launch Global Services Centre in Manila

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Avia Solutions Group (Ireland) has announced the launch of its first Global Services Centre in Manila, marking a significant milestone in its global expansion strategy. The new centre is scheduled to begin operations in January 2025, bringing a wide range of aviation-related services to the Southeast Asian market.