Abstract
The article below furnishes information pertaining to AAR Corp business deal. It throws light on the various features of the two companies and the incorporation of the expertise of the target company in the business deal.
On 6th March 2008 it was declared by the officials of AAR Corporation that the company had acquired Avborne Heavy Maintenance Inc for an amount that was not disclosed. The proceedings of the AAR Corp business deal are expected to get concluded by the end of the FY 2008. The acquired business will be functional as the MRO or Maintenance, Repair and Overhaul segment of AAR Corp. The AAR Corp business deal is expected to improve the functional efficiency of the acquiring company.
AAR Corp- Profile
The MRO or the Maintenance, Repair and Overhaul facilities extended by AAR Corp is functional in regions like Indiana, Indianapolis, Arkansas and Oklahoma City. As per reports, it was found that AAR Corp occupies a position among ten of the most prominent companies offering MRP facilities. This data was collected as per studies conducted by Aviation Week Overhaul& Maintenance Magazine.
A leading service provider in extending value added services as well as products required in the defense industry as well as aviation industry in the worldwide arena, the company makes use of the "close to customer" model of operating its business. It services are dispensed to its clients through the following channels:
- Leasing and Sale of aircrafts
- Aviation Supply Chain
- MRO (Maintenance, Repair, Overhaul)
- Systems and Structures.
Avborne Heavy Maintenance Inc- Profile:
The company was established in the year 1995 and is responsible for carrying out various activities in the aviation industry as an independent service provider. The various activities include:
- Performing checks on aircrafts.
- Painting
- Modifications
- Installations
The above are usually carried out in case of commercial airlines, companies involved in leasing of aircrafts and cargo carriers in the international arena. The company has also catered to MRO facilities of Boeing airplanes and Airbus.
Optimizing expertise as part of the AAR Corp business deal:
Owing to the business deal, the acquiring company is expected to conduct the operations related to MRO by taking the expertise of Avborne Heavy Maintenance Inc.