Newsroom | AAR Corporate

Jun 11, 2015

Airinmar Signs 3-Year Repair Management Agreement with CHC Helicopter

BERKSHIRE, England, June 11, 2015 – Airinmar, a leading provider of innovative aviation repair management solutions, has signed a three-year agreement with CHC Helicopters to manage component repairs for its fleet of over 200 helicopters.

Jun 03, 2015

AAR Wins Certification from Pratt & Whitney to Overhaul APUs on UH-60 Black Hawk Helicopters

GARDEN CITY, New York, June 3, 2015 – AAR (NYSE: AIR) has won an endorsement from Pratt & Whitney to enhance the U.S. Army contract to upgrade and overhaul Auxiliary Power Units (APUs) for its UH-60 Black Hawk helicopters. The new certification augments work being performed at AAR’s Aircraft Component Services facility in Garden City on Long Island as part of a five-year contract, which began in 2014.

Jun 01, 2015

AAR Named Best Airframe MRO Provider Worldwide by ATE&M Magazine

WOOD DALE, Illinois, June 1, 2015 – AAR (NYSE: AIR) was named Best Airframe MRO Provider at the 2015 Aircraft Technology Engineering & Maintenance (ATE&M) Awards ceremony in London. AAR has earned the recognition three times in the last four years, however, this year the category was geographically expanded from “The Americas” region to recognize entrants’ global impact. Winners were shortlisted by ATE&M readers before being vetted by a panel of expert aviation industry judges.

May 29, 2015

AAR CORP. Announces Final Results of Modified Dutch Auction Tender Offer

WOOD DALE, Illinois, May 29, 2015 – AAR CORP. (NYSE: AIR) announced today the final results of its “modified Dutch auction" tender offer, which expired at the end of the day, 12:00 midnight, New York City time, on May 22, 2015.

May 26, 2015

AAR CORP. Provides an Update to its Restructuring Activities

WOOD DALE, Ill., May 26, 2015 /PRNewswire/ -- AAR CORP. (NYSE: AIR) announced earlier today that it completed the "modified Dutch auction" tender offer to purchase shares of its common stock for an aggregate cash purchase price of $135 million. With the execution of the tender the Company expects to retire 4.2 million shares at $31.90 per share, leaving a fully diluted share count of 34.9 million shares as it enters the First Quarter of Fiscal Year 2016.

May 20, 2015

AAR Amsterdam Ranked No. 1, Named Outstanding Component Repair Provider by NATO

AMSTERDAM, Netherlands, May 20, 2015 — AAR’s (NYSE: AIR) Aircraft Component Services facility in Amsterdam has been named “Outstanding Source of Repair” and ranked No. 1 among all Component Source of Repair (SOR) facilities for 2014 by the NATO Support Agency (NSPA) and the International Aerospace Management Company (IAMCO), which manages maintenance work for the North Atlantic Treaty Organization. AAR has received this prestigious recognition three times since 2005.

May 07, 2015

AAR to Manage Component Repairs, Inventory for UK’s Royal Squadron

WOOD DALE, Illinois, May 7, 2015 – AAR (NYSE: AIR) has been selected by the UK Ministry of Defence (UK MoD) as the exclusive manager and single source of all repairs, spare parts and unit exchanges for its fleet of BAe146 aircraft. The two-year agreement includes an additional one-year renewal option and replaces an agreement signed in 2012 establishing AAR as an exclusive supplier.

May 06, 2015

AAR Named a 2015 Most Valuable Employer for Military by CivilianJobs.com

WOOD DALE, Illinois, May 6, 2015 — AAR (NYSE: AIR) has earned a spot on the 2015 Most Valuable Employers for Military (MVE) list of U.S-based companies by CivilianJobs.com for the global aviation services company’s commitment to hiring military veterans.

Apr 30, 2015

AAR Earns Boeing Gold Performance Excellence Awards

WOOD DALE, Illinois, April 30, 2015 — AAR (NYSE: AIR) has earned Boeing Gold Performance Excellence Awards at two of its operating units — Aircraft Component Repair (ACS) in Amsterdam and Defense Systems Logistics (DSL) in Havelock, N.C. — for the fifth straight year.

Apr 27, 2015

AAR CORP. Announces Commencement of $135 Million Modified Dutch Auction Tender Offer for its Common Stock

WOOD DALE, Illinois, April 27, 2015 – AAR CORP. (NYSE: AIR) today announced that it is commencing a modified "Dutch auction" tender offer to purchase shares of its common stock for an aggregate cash purchase price of not more than $135 million.