Dubai Aerospace Enterprise (DAE) and Boeing concluded all contractual obligations for the purchase of 100 airplanes valued at $10.9 billion at average list prices. DAE, a global aerospace, manufacturing and services corporation, and Boeing had previously signed a letter of intent at the Dubai Air Show in early November. The airplane order will be added to Boeing’s Orders & Deliveries Web site at the next scheduled weekly update on Jan. 3.
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: