Senior Vice President, AAR Digital Services and Trax
Andrew Schmidt is Senior Vice President of Digital Services for AAR CORP. (NYSE: AIR), a leading aviation services provider to commercial and government customers worldwide, and Trax, a leading provider of aircraft MRO and fleet management software.
Schmidt is responsible for scaling the Trax business by growing its customer base, enhancing customer support, and expanding product offerings through digital innovation. He helps to execute the Company’s strategy for Trax, which includes building a foundation for a new parts ecosystem in coordination with AAR and parts suppliers and more broadly incorporating AI into Trax’s offerings. Schmidt was instrumental in AAR’s March 2023 acquisition of Trax.
Schmidt served as AAR’s Senior Vice President of Intelligent Solutions from 2011 to 2018. Under his leadership AAR acquired and integrated Airinmar® and launched PAARTSTM Store, bringing the Company’s parts sales online to increase revenue and expand product reach to additional customers.
In addition to his experiences with AAR, Schmidt held various senior-level roles, including serving as a Managing Director of Seabury Capital, Senior Vice President of Macquarie Capital’s Aviation and Aerospace Investments, and Vice President and Partner at Oliver Wyman. Throughout his career, he successfully led private investments for technology-based companies in the aviation aftermarket, travel, and fintech sectors, expanded a consulting practice into the aerospace industry, and drove strategic mergers and acquisitions.
Schmidt earned a Bachelor of Science in Aerospace Engineering from Embry-Riddle Aeronautical University and a Master of Business Administration from Northwestern University’s Kellogg School of Management.