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AAR finalises sale of Landing Gear Overhaul business to GA Telesis

Summary by avitrader.com

AAR CORP., a prominent provider of aviation services to both commercial and government sectors, has completed the sale of its non-core Landing Gear Overhaul business to GA Telesis for US$51 million. This move aligns with AAR's broader strategy to streamline its portfolio and strengthen its focus on core aviation aftermarket services. The company initially announced the agreement on December 20, 2024, stating that the divestiture supports its lon…

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AAR finalises sale of Landing Gear Overhaul business to GA Telesis

AAR CORP., a prominent provider of aviation services to both commercial and government sectors, has completed the sale of its non-core Landing Gear Overhaul business to GA Telesis for US$51 million. This move aligns with AAR's broader strategy to streamline its portfolio and strengthen its focus on core aviation aftermarket services. The company initially announced the agreement on December 20, 2024, stating that the divestiture supports its lon…

7 days ago

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avitrader.com broke the news in 7 days ago on Friday, April 4, 2025.

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