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AAR subsidiary Trax selected to modernize Delta TechOps' maintenance and engineering systems

1. Trax to modernize Delta TechOps' maintenance systems. 2. Over 6,000 Delta technicians will use Trax's digital solutions. 3. Implementation aims to enhance efficiency and data accuracy. 4. Future expansion of Trax's modules is planned. 5. AAR's investment in Trax supports large airline needs.

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FAQ

Why Bullish?

Modernization contracts, like the Delta-Trax deal, historically lead to increased revenue for AAR Corp. Similar past contracts have resulted in significant stock appreciation.

How important is it?

This partnership with Delta TechOps will likely enhance AAR's market position and future growth potential significantly.

Why Long Term?

The long-term benefits from ongoing partnerships and expanded software solutions will enhance operational efficiency and future revenue growth.

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DALBALMT
, /PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today its aviation maintenance software subsidiary, Trax, has been selected to modernize Delta TechOps' maintenance and engineering systems. Delta TechOps will replace its legacy maintenance and engineering systems with Trax's advanced eMRO and eMobility solutions. Initially, more than 6,000 technicians across the Delta TechOps line maintenance network will use Trax's innovative technology to digitize their maintenance processes, leading to enhancements in efficiency, data accuracy, and operational performance. The companies plan to use this initial implementation as a foundation for the future deployment of additional Trax eMRO modules and eMobility apps focused on heavy maintenance, maintenance planning, engineering, and quality management – all hosted in the fully-managed Trax Cloud."AAR's strategic investments in Trax have enabled the company to scale to support the largest airlines and most diverse fleets. We are grateful to Delta for selecting Trax and look forward to powering their system modernization," said John M. Holmes, AAR's Chairman, President and CEO.John Laughter, President of Delta TechOps, added, "We are confident Trax will enhance our operational efficiency by streamlining maintenance processes across Delta TechOps, enabling our people to focus on delivering the Delta Difference." About AARAAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through four operating segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services. Additional information can be found at aarcorp.com.About TraxTrax is the premier provider of aviation maintenance mobile and cloud products in the global aviation market and a wholly-owned subsidiary of AAR CORP. Trax products support digital signatures, paperless working, including workpacks and manuals, RFID-capability for logistics, biometric security, offline capability for its suite of mobile apps, web-based applications, and the ability for users to work anywhere with easy access to real-time information. Through its eMRO and eMobility products, Trax provides comprehensive software solutions designed to manage all aspects of aircraft maintenance. Additional information can be found at https://trax.aero/. About Delta TechOpsDelta TechOps is the maintenance division of Delta Air Lines, providing comprehensive maintenance, repair, and overhaul services for Delta's fleet and other aviation customers. With a commitment to safety, quality, and innovation, Delta TechOps continues to set the standard for excellence in aviation maintenance.This press release may contain certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995, reflecting management's expectations about future conditions, including anticipated activities and benefits pursuant to the collaboration between Delta TechOps and Trax. Forward-looking statements may also be identified because they contain words such as ''anticipate,'' ''believe,'' ''continue,'' ''could,'' ''estimate,'' ''expect,'' ''intend,'' ''likely,'' ''may,'' ''might,'' ''plan,'' ''potential,'' ''predict,'' ''project,'' ''seek,'' ''should,'' ''target,'' ''will,'' ''would,'' or similar expressions and the negatives of those terms. These forward-looking statements are based on beliefs of management, as well as assumptions and estimates based on information currently available to management and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated. For a discussion of these and other risks and uncertainties, refer to "Risk Factors" in AAR CORP.'s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Should one or more of these risks or uncertainties materialize adversely, or should underlying assumptions or estimates prove incorrect, actual results may vary materially from those described. These events and uncertainties are difficult or impossible to predict accurately and many are beyond management's control. Management assumes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. Contact:Media Team+1-630-227-5100[email protected]SOURCE AAR CORP. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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