Trax to enable Cathay Pacific’s digital transformation

Miami – Trax, a leading global provider of paperless aviation maintenance and engineering software products, announced today that Cathay Pacific, Hong Kong’s home airline, selected Trax to power its Engineering Department’s strategic digital transformation. The agreement expands Trax’s customer base of leading global airlines and will enable Cathay Pacific’s pursuit of next-generation aviation technology initiatives.

Trax’s comprehensive, web-based eMRO solution, fully managed cloud hosting services, and a selection of its innovative eMobility applications, including AeroDox, VisualCheck, Line Control, TaskControl, and eContent Control, will be at the center of Cathay Pacific’s shift toward real-time, data-driven maintenance operations. Trax’s advanced mobile and cloud-based solutions will provide the airline with instant access to critical operational data, enabling informed decision making, improved coordination, and increased productivity, all in a paperless environment. 

"Trax is honored to be at the center of Cathay Pacific’s Engineering Department’s digital transformation,” said Andrew Schmidt, Executive Vice President of Trax. “We are delighted that another Tier 1 operator has joined our Trax community to experience enhanced airworthiness control, integrated planning, streamlined processes, and a fully digital and paperless maintenance environment. Our eMRO solution will enable Cathay Pacific to improve its overall fleet performance and integrate innovative practices into its daily operations." 

"Trax’s advanced maintenance solutions will modernise our operations, providing improved coordination and greater efficiency to support our commitment to safety, operational reliability, customer centricity, and innovation," said Keith Brown, Cathay’s Director of Engineering. “The implementation of Trax’s solutions will further enhance Cathay Pacific’s goal of being an industry digital leader.” 

About Trax
Trax is the premier provider of aviation maintenance mobile and cloud products in the global aviation market and a wholly-owned subsidiary of AAR CORP. (NYSE: AIR). 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 trax.aero. 

About Cathay Pacific Airlines
Premium full-service airline Cathay Pacific is the home carrier of Hong Kong with over seven decades of history, and is a founding member of the oneworld global alliance. Cathay also comprises the cargo division Cathay Cargo, low-cost carrier HK Express and its lifestyle business. Cathay is a member of the Swire Group and is listed on the Hong Kong Stock Exchange (HKSE). For more information, please visit www.cathaypacific.com.

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 under the agreement. 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
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