The Director General and CEO of the International Air Transport Association, Giovanni Bisignani, called on airports to achieve greater transparency in their relationships with airlines. The challenge came in response to a recommendation of Airports Council International (ACI) that its membership stop negotiating airport charges with IATA, the collective body of 265 airlines comprising 94% of scheduled international air traffic.
AAR acquires Trax to accelerate digital solutions strategy
Chicago-headquartered AAR CORP. (AAR) has announced its acquisition of Trax Corp. (trax), a leading independent provider of aircraft MRO and fleet management software to accelerate its digital solutions strategy. AAR is a global aerospace and defence aftermarket solutions company with operations in over 20 countries. It supports commercial and government customers through two operating segments: