AAR sells Telair Cargo Group; focuses on MRO

AAR will sell its Telair Cargo Group to TransDigm for $725 million in cash, subject to adjustments. The Telair Group includes Telair International, Telair US and Nordisk Aviation Products. The sale is expected to close in the fourth quarter ending May 31, 2015, subject to regulatory approval. At...

Subscription Required


This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login


Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.