Newsroom | AAR Corporate

Aug 26, 2015

AAR Appoints Timothy J. Romenesko Vice Chairman

WOOD DALE, Illinois, August 26, 2015 – AAR (NYSE: AIR) today announced that Timothy J. Romenesko has been appointed Vice Chairman. Romenesko will also continue in his role as Chief Operating Officer of the Expeditionary Services segment at AAR, which is comprised of Airlift and Mobility Systems, and as strategic advisor to the chairman and CEO.

Aug 25, 2015

AAR Appoints Steven B. Harrison President of Airlift

WOOD DALE, Illinois, August 25, 2015 – AAR (NYSE: AIR) announces that Steven B. Harrison has been appointed President of AAR Airlift, which is headquartered in Palm Bay, Fla., and has operations around the world. Harrison joined Airlift three years ago and, as Chief Commercial Officer, was instrumental in expanding Airlift’s capabilities and geographic presence.

Aug 25, 2015

AAR Reaches 60-Year Milestone in Aviation

WOOD DALE, Illinois, August 25, 2015 – AAR (NYSE: AIR) announces it has reached a significant milestone – 60 years in the aviation industry. On this date in 1955, AAR’s founder Ira A. Eichner incorporated his start-up aircraft radio and equipment supply business in downtown Chicago.

Jul 14, 2015

AAR Provides Update on Strategic Positioning and Reports Fourth Quarter and Fiscal Year 2015 Results

Upon completing the Company’s annual strategic review process and assessing its markets, AAR entered fiscal 2015 with a mission to narrow its focus and excel as an independent services provider to the global commercial aviation, government and defense markets. AAR is executing this strategy by selling manufacturing businesses and taking actions to strengthen the long-term growth potential of its industry-leading services businesses.

Jul 01, 2015

AAR WINS CONTRACT TO SUPPORT AFGHAN C-130 FLEET

WOOD DALE, Illinois, July 1, 2015 – AAR (NYSE: AIR), an industry-leading provider of aviation services has been awarded a five-year, approximately $72 million Complete Logistics Support (CLS) Foreign Military Sales (FMS) contract to sustain a fleet of C-130H aircraft on behalf of the Afghan Air Force.

Jun 30, 2015

AAR to Consolidate North American MRO Footprint to Optimize Network Capacity

WOOD DALE, Illinois, June 30, 2015 -- AAR (NYSE: AIR) announced that it will close its MRO facility in Hot Springs, Ark., and transfer operations to its Oklahoma City, Okla., facility as part of the Company’s efforts to optimize its assets and improve return on invested capital for shareholders.

Jun 24, 2015

Statement on Hot Springs MRO

WOOD DALE, Illinois, June 24, 2015 -- AAR (NYSE: AIR) plans to close its MRO facility in Hot Springs, Ark., and transfer operations to its Oklahoma City facility as part of the Company’s efforts to better align the capacity of AAR’s 1MRO Network with current market demand for aircraft maintenance.

Jun 23, 2015

AAR Celebrates Delivery of 500th Aircraft to Alaska Airlines

OKLAHOMA CITY, Oklahoma, June 23, 2015 – AAR (NYSE: AIR) announces that it has reached a maintenance milestone -- delivery of the 500th aircraft to longtime customer Alaska Airlines. For 12 years, AAR has performed aircraft maintenance, repair and overhaul (MRO), including heavy checks and drop-ins, component repair and management, on Alaska’s fleet of classic Boeing 737s and 737NG narrow-body aircraft.

Jun 16, 2015

AAR and South African Airways Technical Announce MOU for Joint Venture

PARIS, June 16, 2015 – AAR (NYSE: AIR), a world leader in airframe maintenance and supply chain solutions, and South African Airways Technical (SAAT), the maintenance division for the leading airline in Africa, South African Airways (SAA), have signed a Memorandum of Understanding to establish a joint venture partnership to reduce costs and increase operational efficiencies of the airline’s fleet. The joint venture will also focus on growing SAAT's MRO services to third-party customers/airlines

Jun 11, 2015

AAR to Exhibit Aftermarket Aviation Services at the Paris Air Show

PARIS, June 11, 2015 – AAR, an industry-leading provider of aviation services to commercial airlines, OEMs and governments will showcase its supply chain and component repair operations based in Europe, as well as its award-winning MRO network, at the Paris Air Show 2015, June 15-21.