Newsroom | AAR Corporate

Dec 12, 2012

AAR to Manage Repairs, Procure Spare Parts for UK’s Royal Squadron Fleet

WOOD DALE, Illinois – AAR (NYSE: AIR) has been selected by the UK Ministry of Defence (UK MoD) to be the exclusive manager and single source of all repairs and spare parts requirements for its fleet of BAe146 and HS125 aircraft, and of all unit exchanges for the HS125. The three-year agreement includes a one-year renewal option.

Dec 11, 2012

AAR’s Nordisk Expands Embedded Base of UltraLite Cargo Containers

WOOD DALE, ILLINOIS — AAR (NYSE: AIR) announced today that Nordisk Aviation Products has begun manufacturing and delivering Nordisk UltraLite AKE unit load devices (ULDs) for Finnair’s fleet of wide-body aircraft. Nordisk ULDs are used by commercial airlines to efficiently store and transport cargo and offer industry-leading strength-to-weight performance. Nordisk began manufacturing its second-generation Nordisk UltraLite ULDs in 2010 and to date has sold more than 4,500 uni

Dec 11, 2012

AAR Airlift Wins Prestigious Florida Governor’s Award

MELBOURNE, FLORIDA — AAR Airlift has won the prestigious Florida Governor’s Innovators in Business Awards in the “Newcomer” category. The award recognizes excellence in business for companies that are new to Florida. Gov. Rick Scott presented the award to Airlift President Randy Martinez on Dec. 10, during a reception at the Governor’s Mansion in Tallahassee.

Dec 04, 2012

AAR Airlift Support of U.S. Military in Afghanistan Extended

WOOD DALE, ILLINOIS — AAR (NYSE: AIR) announced today that the United States Transportation Command (USTRANSCOM) has exercised a renewal option for AAR to provide airlift support in Afghanistan from December 2012 through November 2013. The renewal has a value of approximately $143 million in revenue and is part of a contract originally awarded to AAR in 2008. The Company announced a separate contract renewal for airlift support in November of this year.

Dec 03, 2012

AAR Executive Cheryle R. Jackson Elected to AIA Board of Governors

WOOD DALE, Illinois – AAR (NYSE:AIR) announces Cheryle R. Jackson, Vice President, Government Affairs and Corporate Development, has been elected to the Aerospace Industries Association (AIA) Board of Governors. The AIA is regarded as the most authoritative and influential advocate for U.S. aerospace and defense manufacturers, weighing in on public policy and homeland security issues so its members can compete successfully in the global marketplace.

Nov 29, 2012

AAR Announces the Sale of 10 737-400 Aircraft to MAS from its Joint Venture Portfolio

WOOD DALE, Illinois – AAR (NYSE: AIR) and its joint venture partner have entered into an agreement to sell 10 Boeing 737-400 aircraft to Malaysian Airline System Berhad (MAS). The aircraft have been on lease to MAS since they were acquired by the joint venture in July 2007.

Nov 15, 2012

AAR Awarded Blackhawk Helicopter Parts Supply Contract

WOOD DALE, Illinois – AAR (NYSE: AIR) has been awarded a contract by the U.S. Army Aviation and Missile Command (AMCOM) to provide parts and logistics services for U.S. Army Blackhawk helicopters. AAR’s Defense Systems and Logistics division will supply Hamilton Sundstrand parts for U.S. Army UH-60 Blackhawk helicopter Auxiliary Power Units (APUs). The contract has an initial one-year base period and four one-year renewal options with a total value of approximately $16 million

Nov 12, 2012

AAR Selected by Pratt & Whitney AeroPower to Supply APU Parts for Japan Ministry of Defense

WOOD DALE, Illinois – AAR (NYSE: AIR) has entered into an agreement with Pratt & Whitney AeroPower to become the exclusive supplier of Auxiliary Power Unit (APU) and Jet Fuel Starter (JFS) parts and accessories for certain aircraft operated by the Japan Ministry of Defense (JMOD). The five-year contract will be managed by AAR’s Defense Systems and Logistics division and is expected to generate approximately $8 million of revenue per year. Expansion into foreign military market

Nov 08, 2012

AAR Sources and Modifies 737-400s for Colombian Air Force

WOOD DALE, ILLINOIS — AAR (NYSE: AIR) announced today that it has sourced and is modifying two Boeing 737-400 aircraft for Colombia’s Air Force, Fuerza Aerea Colombiana (FAC). The program is expected to generate approximately $31 million in the second half of the Company’s current fiscal year.

Nov 05, 2012

AAR Wins 3rd Year Extension for Airlift Support of U.S. DoD

WOOD DALE, Illinois — AAR (NYSE: AIR) announces the United States Transportation Command (USTRANSCOM) has exercised a renewal option for AAR Airlift to continue its airlift support in Afghanistan. The renewal is tied to one of several contracts AAR has with the U.S. Department of Defense to provide fixed and rotary wing airlift support in the region. The option has a value of approximately $161 million and is part of a contract originally awarded to AAR in October 2010.