SR Technics and flag carrier Philippine Airlines (PAL) have signed a 12-year Integrated Component Services (ICS) agreement. The agreement covers the servicing of a total of 45 A321 and 15 A330-300 aircraft, including component maintenance, component pooling and consignment of the main base kit, ensuring flexible access to spare parts. The services will be managed by the SR Technics Center of Excellence for component maintenance in Kuala Lumpur, Malaysia, which currently serves over 460 aircraft in the Asia Pacific region.
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: