World Air Holdings, Inc., parent company of World Airways and North American Airlines, has signed a letter of intent to lease an additional Boeing 767-300ER passenger aircraft for delivery to North American in December 2006. The initial lease will be for three years. The aircraft will be North American

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: