AAR acquires fleet management software business Trax

AAR has acquired aircraft maintenance and fleet management software business Trax USA. Miami-based Trax’s software supports around 5,000 aircraft worldwide with a system for managing aircraft maintenance and fleet management, including materials planning and purchasing, engineering, scheduling, regulatory compliance, work orders, and personnel. “We believe we can support Trax’s continued growth by investing in its platforms and by leveraging our global relationships to help Trax reach additional customers. We also believe that over time this combination will allow more customers to better access AAR’s parts and services offerings as Trax is the materials management system used by thousands of buyers