MTU Aero Engines is expanding its facility in Rzeszów in the south of Poland: MTU Aero Engines Polska, located in the Polish Aviation Valley, will add a new, 9,200-m² building, which will increase the area occupied by buildings by 50%. The total investment that will go into the project amounts to some €40m. “The expansion of our Polish affiliate is part of MTU’s investment and growth strategy, very much in the same way as the new blisk production shop we built in Munich and the logistics center we set up in Hannover. With this move, we lay the foundation for the growing production and volume ramp-up for the geared turbofan programs,” explains Egon Behle, MTU Aero Engines AG’s CEO.
AAR acquires Trax to accelerate digital solutions strategy
March 21, 2023
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:
