Air France/KLM released that traffic declined 1.6% in January with capacity reduced by 3.4%, leading to a 1.4 pts improvement in the load factor to 78.0%. The group carried a total of 5.1 million passengers (-3.2%).
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: