Increased acquisition activity provides barometer for commercial aviation MRO
A flurry of acquisition activity in recent weeks lends some credence to predictions that the commercial aviation aftermarket would ripen for acquisitions early this year. Late March saw Triumph Group acquire Vought Aircraft Industries and expand its presence on key Boeing and Airbus platforms. AAR Corp. expects solid returns and a positive expansion of its growing engineering and government services businesses from yet-to-be-renamed subsidiary Aviation Worldwide Services (AWS), which it ...
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