Newsroom | AAR Corporate

Apr 11, 2013

AAR’s Nordisk Certified by Chinese Aviation Authority

WOOD DALE, Illinois — Nordisk Aviation Products, a subsidiary of AAR CORP. (NYSE: AIR), has received Chinese technical standard order (CTSO) approval on several of its products through a working arrangement between the Civil Aviation Administratio¬n of China (CAAC) and the European Aviation Safety Agency (EASA).

Apr 10, 2013

AAR CIO Kevin M. Larson Receives Coveted MIT Sloan Advanced Certificate for Executives

WOOD DALE, Illinois — AAR Chief Information Officer Kevin M. Larson joins the ranks of elite executives who have earned the Advanced Certificate for Executives in Management, Innovation, and Technology (ACE) from the prestigious Massachusetts Institute of Technology (MIT) Sloan School of Management. Receiving this certification demonstrates the kind of commitment to continuous professional development — at all levels of the organization — that helps AAR stay in front of ever-evol

Apr 10, 2013

AAR CORP. Prices Add-on Offering of 7.25% Senior Notes due 2022

WOOD DALE, ILLINOIS — AAR CORP. (NYSE: AIR) announced today the pricing of an add-on offering of $150,000,000 aggregate principal amount of its 7.25% Senior Notes due 2022 (the “Notes”) in a private placement to eligible purchasers. The size of the offering represents an increase of $25,000,000 from the amount originally proposed. The Notes will be sold at a price equal to 107.5% of the principal amount thereof, for a yield to maturity of 6.12%. The Notes will be senior unsecured

Apr 10, 2013

AAR CORP. Announces Proposed $125 Million Add-on Offering of 7.25% Senior Notes due 2022

WOOD DALE, ILLINOIS — AAR CORP. (NYSE: AIR) announced today that it intends to commence an add-on offering of $125,000,000 aggregate principal amount of its 7.25% Senior Notes due 2022 (the “Notes”) in a private placement to eligible purchasers. The Notes will be senior unsecured obligations of AAR CORP. (the “Company”) and will be guaranteed by substantially all of the Company’s subsidiaries.

Apr 09, 2013

AAR Showcases Innovative Crew Rest Unit at Aircraft Interiors Expo

HAMBURG, Germany, April 9, 2013 – AAR’s new crew rest unit with advanced features and higher comfortability is being featured at the Aircraft Interiors Expo April 9-11 in Hamburg.

Apr 03, 2013

AAR’s 1MRO Network Streamlines Aircraft Maintenance and Modification

WOOD DALE, Illinois – Aerospace industry leader AAR (NYSE: AIR) is delivering new efficiencies and capabilities to its commercial airline customers via its 1MRO service delivery network, which integrates technology with maintenance and engineering protocols across five maintenance, repair and overhaul (MRO) facilities nationwide.

Mar 26, 2013

AAR Ramps Up Parts Availability in Europe

AMSTERDAM — AAR, a global leader in the supply and repair of component parts for the aviation industry, is expanding its parts inventory for the European market, reducing lead times and shipping costs for its customers.

Mar 21, 2013

AAR Receives FAA Repair Station Certification for New Mexico Facility

ALBUQUERQUE, New Mexico — AAR (NYSE: AIR) announces it has received FAA Repair Station Certification for a local facility dedicated to maintaining the U.S. Department of Energy’s National Nuclear Security Administration (NNSA) fleet of aircraft. The step enables the NNSA, which serves a vital role in national security, to comply with its specific FAA requirements, and it allows AAR’s Albuquerque team to operate as a freestanding unit, not reliant on the Company’s other repair loc

Mar 20, 2013

AAR Earns Boeing Gold Performance Awards

WOOD DALE, Illinois — AAR (NYSE: AIR) announced today that two of its businesses have earned the 2012 Boeing Gold Performance Excellence Award. It is the third time that both AAR Defense Systems and Logistics and AAR Aircraft Component Services in Europe have earned Boeing’s Gold Award.

Mar 19, 2013

AAR Reports Third Quarter Fiscal Year 2013 Results

WOOD DALE, Ill., /PRNewswire/ -- AAR (AIR) today reported third quarter fiscal year 2013 consolidated sales of $520.2 million and net income of $18.4 million, or $0.46 per diluted share. This compares to year-ago sales of $534.2 million and net income of $20.6 million, or $0.50 per diluted share. The prior year’s third quarter included an income tax benefit of $4.0 million, or $0.09 per share.