Newsroom | AAR Corporate

Mar 05, 2015

AAR Signs Contract for Two AW189 Helicopters for Falkland Islands Search & Rescue Requirement

Finmeccanica – AgustaWestland announced today it has signed a contract with AAR Airlift Group to provide two next generation AW189 helicopters to perform search and rescue in the Falkland Islands.

Mar 04, 2015

AAR Chairman & CEO David P. Storch Named First Winner of Penton Aviation Week Network’s Gilbert W. Speed Award

New leadership award honoring legacy of industry pioneer & SpeedNews founder presented during Commercial Aviation Industry Suppliers Conference NEW YORK – March 3, 2015 – David P. Storch, Chairman & CEO of AAR, is the inaugural recipient of the Gilbert W. Speed Award honoring outstanding leadership and collaboration across the global aerospace and defense supply chain. The awa

Feb 23, 2015

AAR to Sell Telair Cargo Group to TransDigm for $725 Million

AAR to Sell Telair Cargo Group to TransDigm for $725 Million AAR to Discontinue Precision Systems Manufacturing AAR to build on its leadership position in aviation services WOOD DALE, Illinois, February 23, 2015 – AAR (NYSE: AIR) today announced it has agreed to sell its Telair Cargo Group to TransDigm for a purchase price of $725 million in cash, subject to adjustments. The Telair Cargo Group is comprised of Telair International, Telair U.S., and Nordisk Aviation Products. AAR will report it

Feb 09, 2015

AAR Now Offers HALT/HASS Product Testing and Technical Support

GOLDSBORO, North Carolina, February 9, 2015 – AAR (NYSE: AIR), the global aerospace and defense contractor that provides products and services to commercial and military fleets, announces it now offers accelerated reliability testing and engineering services for mission-critical products developed for aerospace/aeronautics, automotive, energy, transit/rail, industrial and medical devices at its facility in Goldsboro.

Jan 19, 2015

AAR Awarded 10-Year Search & Rescue Contract in the Falkland Islands by UK MOD

WOOD DALE, Illinois, January 19, 2015 – AAR (NYSE: AIR) announces its Airlift division has been awarded a contract by the United Kingdom Ministry of Defence for Search & Rescue (SAR) and Support Helicopter services in the Falkland Islands. The contract is valued at approximately $275 million (approximately £180 million).

Jan 13, 2015

AAR Granted AS9100 Certification for Manufacturing at Aircraft MRO

WOOD DALE, Illinois, January 13, 2015 – AAR (NYSE: AIR) announces it has been granted AS9100 certification of its quality management system for manufacturing at the company’s aircraft maintenance, repair and overhaul (MRO) facility located at the company’s facility located near the Indianapolis International Airport.

Dec 18, 2014

AAR REPORTS SECOND QUARTER FISCAL YEAR 2015 RESULTS

• Second quarter sales of $490.0 million • Diluted earnings per share of $0.38 • Cash flow from operations of $16.0 million, free cash flow of $8.0 million WOOD DALE, ILLINOIS (December 18, 2014) — AAR (NYSE: AIR) today reported second quarter fiscal year 2015 consolidated sales of $490.0 million and net income of $15.2 million, or $0.38 per diluted share. For the second quarter of the prior fiscal year, the Company reported sales of $540.7 million and net income of $20.0 million, or

Dec 15, 2014

AAR’s Nordisk Aviation Products to Customize 2,000 Air Cargo Containers to Match Air New Zealand’s Livery

NORWAY, December 15, 2014 — Nordisk Aviation Products announces it has received orders for more than 2,000 Nordisk air cargo containers, whereof 1,200 are Nordisk UltraLite AKEs (LD3), from Air New Zealand, and will customize each one to match the iconic silver fern livery on the airline’s aircraft.

Nov 11, 2014

AAR and Rags of Honor Work Together to Create Jobs for Veterans

Wood Dale, Illinois, November 11, 2014 – Rags of Honor, a screen-printing organization in Chicago created to employ vets, today announced a partnership with global aerospace and defense company AAR that will provide the capital that Rags of Honor needs to expand and create more jobs.

Nov 10, 2014

AAR Selected by AMMROC to Support Design of New Military MRO Facility in the UAE

Al Ain, United Arab Emirates, November 10, 2014 – AAR (NYSE: AIR) announces it has been selected by AMMROC (Advanced Military Maintenance Repair and Overhaul Center) LLC, the Abu Dhabi-based Joint Venture between Mubadala Development Company, Sikorsky and Lockheed Martin, to support in the design, outfitting and integration of key areas of AMMROC’s state-of-the-art facility in Al Ain, UAE. The new facility will be one of the largest dedicated military Maintenance, Repair and Overhaul (MRO)