5 December 2011

AAR completes acquisition of Telair International and Nordisk Aviation

AAR CORP. has completed the acquisition of Telair International GmbH (Telair) and Nordisk Aviation Products, AS (Nordisk) from Teleflex Incorporated, which the Company announced on October 21, 2011. “This acquisition significantly adds to AAR’s commercial manufacturing business and elevates our position as a tier-1 provider to the global aerospace market,” said David P. Storch , […]

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Kalitta Air orders one new Boeing 747-400ERF

Kalitta Air announced that it closed a purchase agreement for a new Boeing 747-400ERF aircraft in order to continue and expand its international cargo operations. Wells Fargo Bank Northwest, NA served as owner trustee and seller. Financial terms of the transaction were not disclosed. The aircraft, which had not previously been flown in revenue, marked

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