AAR Announces Divestiture of Non-Core Landing Gear Overhaul Business to Optimize Portfolio
December 21, 2024
December 21, 2024
WOOD DALE, Illinois, Dec. 21 -- AAR, a provider of aviation services to commercial and government operators, issued the following news release on Dec. 20, 2024:
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 definitive agreement to divest its Landing Gear Overhaul business to GA Telesis. The transaction is valued at $51 million and is expected to close in the first quar . . .
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 definitive agreement to divest its Landing Gear Overhaul business to GA Telesis. The transaction is valued at $51 million and is expected to close in the first quar . . .