AAR

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

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.

The Inside MRO archives show both change and continuity in the European MRO industry since 1999.

With an average of 350 Airbus A320neos expected to be grounded at any given time in 2024-26, A320ceos and older Boeing 737s will need to fly longer.

People want to fly with a vengeance, but there are few new aircraft and the old ones need more MRO, creating a positive outlook for M&A in the aftermarket.

Several efforts in the aftermarket show a common theme that could improve MRO efficiencies.

Used parts market activity is steadily increasing as more older aircraft and engines are sold and parted out for their used serviceable material (USM).

AAR’s new maintenance contract extension with United will drive construction of a new hangar and the addition of hundreds of jobs.

MRO companies are concerned about new recruits’ soft skills, but educators argue younger generations are facing unprecedented barriers to entry.

Some maintenance providers are already testing use cases for generative artificial intelligence, but experts warn of significant risks.

Although airlines and MROs are desperate for new technical talent, some companies are finding skills shortfalls with new hires.

Doing nothing to solve these problems really isn’t an option.

After a decade-long courtship, AAR purchased MRO software provider Trax for $120 million in March.

The MRO industry is clamoring for military veteran talent, but obstacles for transitioning service members are hindering progress.

AAR Corp. is seeing continued robust demand for airframe maintenance while activity in used material is picking up, company President and CEO John Holmes said.

The commercial aftermarket contributed 65% to the company's revenues for the quarter.

Miami-based fleet and MRO management software specialist to fall under new ownership.