United Airlines and Boeing have finalized an order for 25 787-8 jetliners. The agreement includes the opportunity to purchase another 50 Dreamliners. The order is valued at $4.2 billion at average list prices. United expects to take delivery of the 787s at the same time it will begin to retire its Boeing 747s and 767s operating on international routes.
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: