AAR inks deal to acquire Avborne

AAR announced it agreed to acquire Avborne Heavy Maintenance Inc. and a related entity from AHM Holding Corp.

Avborne is an independent provider of aircraft heavy maintenance checks, modifications, installations and painting services to commercial airlines, international cargo carriers and major aircraft leasing companies.

The Avborne facility at Miami International Airport is capable of accommodating up to three wide-body aircraft or nine narrow-body aircraft, simultaneously.

The company expects the acquisition to be completed during the fourth quarter.