Madison Air Solutions Raises 2026 Net Sales Outlook Amid Record Backlog Growth
Madison Air Solutions Corporation (MAIR) has raised its 2026 net sales guidance to a range of $4.05 billion to $4.125 billion. This upward revision comes as the company targets $160 million in cost synergies related to ebm-papst. The company reported significant momentum in its order book, with combined orders increasing 26% during the third quarter and 33% year-to-date. Most notably, Madison Air's backlog has reached a record $3.2 billion, representing a 119% increase compared to the previous year.
Tickers: $MAIR
Topics: backlog increase earnings report management commentary order growth