Air Transport USM Market Share Projections: CAGR of 4.9% Envisions Market Size of $13.0 Billion by 2033 [Yahoo! Finance]
AAR Corp. (AIR)
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Source: Yahoo! Finance
The growing demand for air travel, rising disposable incomes, and expanding economies are likely to propel the air transport USM market's significant growth over the forecast period. Newark, May 02, 2024 (GLOBE NEWSWIRE) -- The Brainy Insights estimates that the USD 8.1 billion air transport USM market will reach USD 13.0 billion by 2033. Air travel, the abbreviation for Unscheduled Maintenance, is USM. It is described as all unexpected and urgent repairs made to an aircraft while it is in service. Line maintenance and base maintenance are the two categories of USM. The work done to maintain an aircraft's airworthiness and functionality while in service is known as line maintenance. On the other hand, the more thorough type of repair, known as "base maintenance," consists of regularly planned inspections and overhauls. One of the primary drivers of the air transport business, which uses serviceable material (USM), is the need for economical and effective aircraft maintenance. Airlin
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News
- AAR Corp. (NYSE: AIR) had its price target raised by analysts at Stifel Nicolaus from $81.00 to $86.00. They now have a "buy" rating on the stock.MarketBeat
- Aircraft Brake System Market to Reach $18.4 Billion, Globally, by 2032 at 5.5% CAGR: Allied Market Research [Yahoo! Finance]Yahoo! Finance
- AAR to participate in the Bank of America Transportation, Airlines and Industrials Conference on May 16, 2024PR Newswire
- Global Commercial Aircraft Aftermarket Parts Market Projected to Reach US$ 69.5 Billion by 2032, Driven by Travel Demand, Aircraft Leasing, and Stringent Aviation Regulations [Yahoo! Finance]Yahoo! Finance
- AAR Corp. (NYSE: AIR) had its price target raised by analysts at Benchmark Co. from $65.00 to $83.00. They now have a "buy" rating on the stock.MarketBeat
AIR
Earnings
- 3/21/24 - Beat
AIR
Sec Filings
- 5/8/24 - Form 4
- 5/8/24 - Form 4
- 5/6/24 - Form 4
- AIR's page on the SEC website