AAR, a leading aviation services provider for commercial and government operators, has acquired Aerostrat, a company specializing in long-range maintenance planning software, for $15 million, with the potential for an additional $5 million. This acquisition bolsters AAR’s software capabilities and strengthens its position in the aviation software market.
Aerostrat provides tools that enable airlines, MROs, and cargo companies to automate complex scheduling and manage aircraft allocation. Its flagship product, Aerros, supports heavy maintenance planning and is compatible with any maintenance ERP system, currently serving over 5,000 aircraft.
Integrating Aerros into Trax’s existing ERP and line maintenance planning applications allows AAR to offer more comprehensive solutions. This acquisition enables AAR to meet a broader range of customer needs while allowing Aerros to be used as a standalone product, benefiting those on different ERP platforms.
KEY QUOTES:
“This acquisition of Aerostrat marks an important step in AAR’s strategy to advance the next generation of maintenance products and services. By bringing Aerostrat alongside Trax, we create opportunities for further integration and scope expansion for existing Trax customers as well as Aerostrat customers. We are excited about this powerful pairing of solutions.”
Andrew Schmidt, Senior Vice President of AAR Digital Services and President of Trax
“Since founding Aerostrat, we have always been a customer-centric company that prides itself on building reliable, quality solutions that exceed our customers’ needs. We are thrilled to be a part of AAR as they share and encourage these same values. Combining this with the opportunity to work side by side with Trax, a long-time industry leader, is a huge honor that will surely take both solutions and teams to new heights.”
Elliot Margul, CEO of Aerostrat
