AAR CORP. named Andrew Schmidt its Senior Vice President of AAR Digital Services and Trax. Schmidt will work closely with the Trax founders and their leadership team to scale the Trax business by growing the customer base, enhancing customer support, and expanding product offerings through digital innovation.
He will help to execute the Companyâs 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 Traxâs offerings. Schmidt brings more than 30 years of experience across aviation, finance, and digital solutions, including serving as AARâs Senior Vice President of Intelligent Solutions from 2011 to 2018. Under Schmidtâs leadership, AAR acquired and integrated Airinmar® and launched PAARTSTM Store, bringing the Companyâs parts sales online to increase revenue and expand product reach to additional customers.
In addition to AAR, Schmidt held various other senior-level roles, including with Seabury Capital, Macquarie Capitalâs Aviation and Aerospace Investments, and Oliver Wyman.