Newsroom | AAR Corporate

Jan 16, 2013

AAR Announces Cash Dividend

WOOD DALE, ILLINOIS — AAR CORP. (NYSE: AIR) announced that its Board of Directors at its regularly scheduled meeting declared a quarterly cash dividend of $0.075 per share to its stockholders. The dividend will be paid on February 12, 2013, to stockholders of record as of the close of business on January 29, 2013. Future cash dividends will be subject to the approval of the Board of Directors.

Jan 15, 2013

AAR Airlift launches internship program with Florida Institute of Technology

MELBOURNE, Florida – Investing in the future, AAR (NYSE: AIR) announces that it is partnering with the Florida Institute of Technology (FIT) to offer its students an internship program with real-world experience. Starting this winter, AAR Airlift plans to hire up to four paid interns from FIT to work alongside experts in its Engineering, IT, Flight Operations or Quality/Safety departments. Students will work approximately 15 hours a week, or as class schedules permit, for 13 we

Jan 14, 2013

AAR Talks with U.S. Sen. Amy Klobuchar About Hiring Veterans

DULUTH, Minnesota – At AAR Aircraft Services, the buzz on Friday was all about economic development, hiring veterans and special guest U.S. Sen. Amy Klobuchar. The senator, in town for the dedication of a new terminal at Duluth International Airport, dropped by AAR’s new maintenance, repair and overhaul facility to tour one of the city’s latest economic engines tied to aviation.

Jan 07, 2013

AAR Partners with Wayne Community College to Expedite Welding Careers

GOLDSBORO, North Carolina – Through a successful public-private partnership with Wayne Community College, global aerospace and defense leader AAR has designed an 8-week welding certificate program to address a shortage of welders at AAR Mobility Systems. It typically takes a year to earn a welding diploma at Wayne. Under the customized curriculum, incumbent workers from AAR who complete the course can test for their welding certificate and immediately increase their salaries by

Jan 04, 2013

AAR Integrated Technologies Eligible to Compete on GTACS Contract

MELBOURNE, Florida – AAR Integrated Technologies, a subsidiary of global aerospace and defense leader AAR (NYSE:AIR), has been granted eligibility to pursue individual task orders as part of a team awarded the Global Tactical Advanced Communications Systems (GTACS) contract from the U.S. Army Program Executive Office Command, Control and Communications-Tactical (PEO C3T).

Jan 03, 2013

AAR to Repurchase 1.75% Convertible Senior Notes due 2026 at the Option of Holders

WOOD DALE, ILLINOIS – AAR Corp. (NYSE: AIR) announced today that pursuant to the terms of the indenture, holders of AAR’s 1.75% Convertible Senior Notes due 2026 (the “Securities”) have the right to surrender their Securities for purchase by AAR (the “Put Option”). The Put Option expires on January 31, 2013. The purchase is being made on the terms and subject to the conditions set forth in the Put Right Purchase Offer (the “Purchase Offer”) dated January 3, 2013.

Dec 20, 2012

AAR Landing Gear Inspector Ships Taste of Home to U.S. Troops

MIAMI, Florida – As AAR provides airlift and other support to the U.S. government and its allies in Afghanistan, an employee at its Landing Gear repair facility is providing a different type of comfort for the holidays: a taste of home.

Dec 18, 2012

AAR REPORTS SECOND QUARTER FISCAL YEAR 2013 RESULTS

WOOD DALE, ILLINOIS — AAR (NYSE: AIR) today reported second quarter fiscal year 2013 consolidated sales of $512.8 million and net income of $17.8 million, or $0.44 per diluted share. This compares to year-ago sales of $482.0 million and net income of $17.6 million, or $0.43 per diluted share.

Dec 18, 2012

AAR Receives FAA Approval for 767-300 Interior Modifications

INDIANAPOLIS, Ind. – AAR (NYSE: AIR) has received design approval from the U.S. Federal Aviation Administration (FAA) to perform custom interior modifications for Boeing 767-300 aircraft operated by a major U.S. based international airline.

Dec 17, 2012

AAR Duluth Delivers First Plane and 100 jobs Ahead of the Holiday Season

DULUTH, Minnesota — With AAR’s (NYSE: AIR) Duluth Maintenance, Repair and Overhaul (MRO) facility now operational, the Company announced that it completed and delivered its first aircraft Friday. AAR has also created more than 100 jobs in Duluth to date.