AAR Corp. has appointed Andrew Schmidt as the Senior Vice President (SVP) of AAR Digital Services and Trax. In this role, Schmidt will collaborate closely with the Trax founders and leadership team to drive the expansion of the Trax business. His key responsibilities will involve growing the customer base, improving customer support, and introducing new digital innovations to enhance product offerings.
Schmidt’s extensive experience of over 30 years in aviation, finance and digital solutions make him well-suited for this position. Notably, he previously served as AAR’s SVP of Intelligent Solutions from 2011 to 2018. During his tenure, Schmidt played a crucial role in the successful integration of Airinmar® and the launch of PAARTSTM Store, which proved instrumental in increasing revenue and reaching out to new customers through online parts sales.
In addition to his contributions at AAR, Schmidt has held significant senior-level positions with other reputable companies, such as Seabury Capital, Macquarie Capital’s Aviation and Aerospace Investments and Oliver Wyman.
Moving forward, Schmidt will spearhead the execution of Trax’s strategic initiatives, including the establishment of a new parts ecosystem in collaboration with AAR and parts suppliers. Furthermore, he will drive the integration of AI technology into Trax’s offerings to broaden their scope and enhance their value proposition. With Schmidt’s expertise and leadership, AAR Digital Services and Trax are poised to achieve remarkable growth and success in the industry.
