AAR CORP Expands Its North American Leadership by Acquiring HAECO Americas

AAR CORP., a prominent name in aviation services, has made headlines with its latest strategic acquisition of HAECO Americas. The transaction, valued at $78 million in an all-cash deal, marks a significant milestone for AAR as it enhances its maintenance, repair, and overhaul (MRO) capabilities across North America. This acquisition not only bolsters AAR's footprint in the heavy maintenance sector but also accelerates its goals in the Repair Engineering segment.

Overview of the Acquisition

On November 3, 2025, AAR announced the acquisition of HAECO Americas, the second-largest heavy maintenance provider in North America. This purchase is strategically positioned to meet the growing demand for aviation maintenance services. HAECO Americas operates from two main facilities located in Greensboro, North Carolina, and Lake City, Florida. Their operations service leading commercial airlines, offering comprehensive MRO and modification services.

John M. Holmes, AAR's Chairman, President, and CEO, expressed enthusiasm over the acquisition, stating, "AAR has become the most sought-after heavy maintenance provider in North America. We are excited to extend our leadership position with this venture. Over the last few years, we have made substantial investments in training, lean initiatives, and proprietary technology to enhance quality and efficiency in our MRO operations."

Financial Implications

The acquisition comes with an expected value creation not only through immediate capabilities but also via new contracts. AAR has secured multi-year heavy maintenance contracts with key customers, which are anticipated to generate over $850 million in sales. These contracts effectively