The Association of European Airlines reported a traffic growth of 8.6% in November 2005 while capacity increased by 4.8%; resulting in a load factor of 73.7%. Continued high growth of 13.6% was reported for the Far Eastern market, an above-average increase of 9.5% in cross-border Europe, and 4.1% for the North Atlantic market.
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: