(RTTNews) - AAR CORP. (AIR) has entered into a definitive agreement to divest its Landing Gear Overhaul business to GA Telesis. The transaction includes AAR's Miami, Florida, based Landing Gear ...

U.S.-based AAR has divested its landing gear repair to GA Telesis for around $51 million, with the deal expected to close in the first quarter of this year. The announcement was made late last ...

Dec. 20, 2024 /PRNewswire/ -- GA Telesis, LLC, a global provider of integrated aviation services, announced it has signed a definitive agreement to acquire AAR CORP.'s Landing Gear Overhaul ...

AAR will divest its Landing Gear Overhaul business for $51 million as part of its portfolio optimization strategy. AAR's CEO, John M. Holmes, commented, "We anticipate continued strong sales ...

This article is published in Aviation Week & Space Technology and is free to read until Feb 23, 2025. If you want to read more articles from this publication, please click the link to subscribe.

AAR Corp. engages in the provision of products ... and overhaul services across airframes and components, including landing gear. The Integrated Solutions segment relates to fleet management ...

Dec. 20, 2024 /PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today that it has entered into a ...

Landing Gear Overhaul Business Sale: Expected to close in Q1 2025 for $51 million. AAR Corp (NYSE:AIR) reported record top-line results for Q2 2025 with sales of $686 million, a 26% increase from ...