Newsroom | AAR Corporate

Jun 25, 2012

AAR, Florida Leaders and Space Coast Business Community Warn Against More Cuts to Aerospace and Defense

Melbourne, Fla. — Rep. Bill Posey (R-Fla.), AAR Chairman and CEO David P. Storch, leaders from the Space Coast business community and more than 250 local workers rallied today at the AAR Airlift facility in Melbourne to warn about the threat to U.S. economic and military strength posed by $500 billion in sequestration budget cuts scheduled for January 2013. A study commissioned by AIA last year found that Florida could lose more than 39,000 jobs if Congress does not act to stop these cuts.

Jun 22, 2012

AAR Chairman & CEO David P. Storch Named Ernst & Young Entrepreneur of the Year^®

Chicago, IL – AAR, a leading provider of products and services to the worldwide aviation and defense industries announced today that David P. Storch, Chairman and Chief Executive Officer, received the Ernst & Young Entrepreneur of the Year 2012 Midwest Award in the Master Entrepreneur category.

Jun 14, 2012

AAR Provides Preliminary Fourth Quarter Results and Outlook on Fiscal 2013

WOOD DALE, IL – AAR CORP. (NYSE: AIR) announced today preliminary unaudited fourth quarter results for the period ending May 31, 2012, as well as its outlook for fiscal year 2013.

Jun 14, 2012

AAR CORP. Announces New $50 Million Stock Repurchase Program

Wood Dale, IL – AAR CORP. (NYSE: AIR) announced today that its Board of Directors authorized the Company to repurchase up to $50 million of its outstanding shares of common stock.

Jun 11, 2012

Industry Leader AAR Announces Telair’s 200th Airbus Cargo System Delivery

WOOD DALE, ILLINOIS — AAR (NYSE: AIR) announced that its Telair cargo systems business has reached a major milestone with the delivery of its 200th Cargo Loading System (CLS) to Airbus. The milestone denotes Telair’s position as the supplier of choice for Airbus A330/A340 lower deck cargo loading systems.

Jun 11, 2012

AAR Selected to Extend Airlift Support for U.S. Military

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 through May 31 of 2013. The option has a value of $104 million and is part of a task order awarded to AAR in June 2010.

Jun 08, 2012

AAR Named Outstanding Component Repair Provider by NATO

WOOD DALE, Illinois — AAR (NYSE: AIR) has been named “Outstanding Source of Repair” by the NATO Maintenance and Supply Agency (NAMSA) and the International Aerospace Management Company (IAMCO). AAR was also recently ranked as Parts Supplier of the Year, one of the top five providers of aircraft Maintenance, Repair and Overhaul (MRO) in the world and the Best MRO in the Americas in independent surveys of customers and industry professionals.

Jun 05, 2012

AAR Joins Executive Club Panel Addressing Skills Gap

CHICAGO – AAR (NYSE: AIR) joined representatives from higher education and workforce development for a special breakfast panel, “Putting People Back to Work By Solving the Skills Gap,” hosted by the Executive Club of Chicago to present solutions to America’s worker shortage.

May 30, 2012

Top MRO Provider AAR Receives FAA Approval for 737NG Life Raft Stowage Compartment

WOOD DALE, Illinois – AAR (NYSE: AIR) received Federal Aviation Administration Supplemental Type Certificate (STC) approval to install life raft stowage compartments on Boeing 737NG aircraft, providing passengers with more overhead room for carry-on baggage.

May 24, 2012

Top MRO Provider AAR Recognized with FAA Diamond Awards

WOOD DALE, Illinois — AAR (NYSE: AIR) announced that it has earned the Federal Aviation Administration’s (FAA’s) Diamond Certificate of Excellence at eight FAA-certified repair station locations. The Diamond Certificate is the highest honor in the FAA’s Aviation Maintenance Technician (AMT) Awards Program, which recognizes businesses and technicians that meet or exceed the FAA’s requirements for technical and regulatory training. More than 1,500 AAR AMTs earned individual recogniti