AAR has acquired aircraft MRO and fleet management software company Trax USA.
Trax offers software applications to a global customer base of airlines, MROs, and government aircraft operators supporting approximately 5,000 aircraft. The company was founded in 1999 and is headquartered in Miami, with approximately 110 employees.
Trax’s ‘eMRO’ product is a web-based enterprise MRO software solution for managing aircraft maintenance and fleet management, including materials planning and purchasing, engineering, scheduling, regulatory compliance, work orders, and personnel.
Its ‘eMobility’ products provide a suite of mobile applications, including task cards, digital manuals, electronic log books, fleet status, and warehouse management.
AAR said its acquisition of Trax accelerated its strategy “to offer digital solutions focused on its core aviation aftermarket customers”. The company stated: “Trax adds established, higher-margin aviation aftermarket software offerings with recurring revenue to AAR’s portfolio, and its complementary customer base provides opportunities to cross-sell products and services”.
AAR’s chairman, president and CEO John M. Holmes said: “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 and planners at airlines around the world.”
Trax’s CEO Jose Almeida commented: “Trax has led the industry in developing next generation maintenance ERP systems for over 20 years. By combining two leading independent aftermarket services providers, we create a compelling and unique offering to support the global aviation industry. We are excited to partner with AAR to further accelerate Trax’s growth and development.”