American Eagle reported a February load factor of 69.0%, down 0.4 points compared to the same period last year. Traffic decreased 2.4% year over year as capacity decreased 1.9%. American Eagle boarded 1.5 million passengers in February.
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: