Grupo TACA Selects AAR for Regional Aircraft Landing Gear Support
WOOD DALE, Ill., /PRNewswire/ -- AAR CORP. (NYSE: AIR) and Grupo TACA announced today that they have signed an exclusive agreement under which AAR will be the exclusive provider of landing gear overhaul and repair services for the alliance's fleet of 42 regional aircraft. The new agreement further expands the AAR and Grupo TACA relationship which began last October when the two companies announced that AAR had been selected to provide airframe inventory management and component maintenance in support of Grupo TACA's jet aircraft.
All work under the new agreement will be performed by AAR Tempco Hydraulics at its location in Miami Lakes, Florida. AAR acquired Tempco Hydraulics in October 1998 to expand its existing landing gear overhaul and repair capabilities to include regional airlines.
"We are pleased that Grupo TACA has selected us to provide yet another service in support of their fleet," AAR President and Chief Executive Officer David P. Storch said. "This is another example of our ability to provide customized, value-added services to meet customers' needs and enable them to operate more efficiently."
"AAR's performance in our original agreement combined with their ability to provide service and support capabilities for various aircraft type were key to our decision to award them this contract," Federico Bloch, Grupo TACA President and Chief Executive Officer, said.
Grupo TACA is an alliance formed by the major airlines in Central America: Aviateca, Lacsa, Nica, TACA and TACA of Honduras. The alliance operates the third largest aircraft fleet in Latin America, serving major cities in Central America, Mexico, the Caribbean, South America, Canada and the United States. Grupo TACA performs major maintenance and line maintenance for its fleet of Airbus and Boeing aircraft, and provides maintenance services to other airlines in the region.
AAR CORP. (NYSE: AIR) is the preeminent provider of products and value-added services to the worldwide aerospace/aviation industry. Products and services include proprietary inventory management and logistic support services, encompassing supply, repair and manufacture of spare parts and systems. Headquartered in Wood Dale, Illinois, AAR serves commercial and government aircraft fleet operators and independent service customers throughout the world.
SOURCE AAR CORP.
Related news
See allJuly 02, 2024
AAR to announce fourth quarter fiscal year 2024 results on July 18, 2024
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it will release financial results for its fourth quarter of fiscal year 2024, ended May 31, 2024, after the close of the New York Stock Exchange trading session on Thursday, July 18, 2024.
June 27, 2024
AAR named among America’s Greatest Workplaces 2024 by Newsweek
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today that it has been recognized as one of America’s Greatest Workplaces for 2024 by Newsweek and Plant-A Insights Group.
June 13, 2024
AAR expands electronics distribution relationship with OTTO Engineering, Inc.
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed a territory expansion agreement that expands its Americas-based electronics distribution relationship with OTTO Engineering, Inc. (OTTO) into the APAC region.