NYSE:AIRAerospace & Defense
Does xCelle Asia JV and New Distribution Deals Change The Bull Case For AAR (AIR)?
In recent days, AAR CORP. completed the formation of xCelle Asia, a Thailand-based joint venture with Air France Industries KLM Engineering & Maintenance to overhaul next-generation aircraft nacelles for APAC operators, while also extending multi-year exclusive global distribution agreements with Collins Aerospace and Arkwin Industries.
Together, these moves deepen AAR’s role across high-value MRO and parts distribution niches, broadening its geographic reach and reinforcing long-term...