Finnair’s scheduled traffic declined in July by nearly 7%, capacity was cut by nearly 9%, which meant that passenger load factor rose to 81%. Asian traffic declined by nearly 13% and capacity contracted by 17%, thereby increasing the load factor in Asian traffic to nearly 84%.
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: