Press Release | AAR Corporate

Aug 01, 2022

AAR Sumisho Aviation Services (ASAS) announces new distribution agreement with Northrop Grumman for E-2D Advanced Hawkeye parts

Wood Dale, Illinois — AAR Sumisho Aviation Services (ASAS), a joint venture launched by AAR CORP. (NYSE: AIR) and Sumitomo Corporation, announced a new agreement with Northrop Grumman for E-2D Advanced Hawkeye aircraft parts distribution. The Japan Air Self-Defense Force has been operating the E-2D since March 2019.

Jul 27, 2022

AAR’s corporate Safety Management System program recognized by FAA

Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, received official recognition from the Federal Aviation Administration (FAA) for its corporate Safety Management System (SMS) program, making it the first independent third-party MRO organization to implement this system.

Jul 26, 2022

AAR awarded two-year contract to support Royal Norwegian Air Force P-8A logistics

Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, was awarded a two-year contract with two option years by the Norwegian Defence Logistics Organisation to provide commercial common parts for the Royal Norwegian Air Force P-8A aircraft fleet of five aircraft.

Jul 25, 2022

AAR announces implementation of Airvolution^® digital repair cycle management tool with Textron Aviation Defense

Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced the implementation of Airvolution^® — AAR’s customizable, cloud-based, end-to-end repair cycle management (RCM) tool focused on optimizing the administration of aircraft component repairs — at Textron Aviation Defense.

Jul 21, 2022

AAR reports fourth quarter and fiscal year 2022 results

Wood Dale, Illinois, July 21, 2022 — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today reported fourth quarter fiscal year 2022 consolidated sales of $476.1 million and income from continuing operations of $23.9 million, or $0.66 per diluted share. For the fourth quarter of the prior year, the Company reported sales of $437.6 million and income from continuing operations of $14.7 million, or $0.41 per diluted share.

Jul 20, 2022

Holmes to become chairman upon Storch retirement from AAR board

Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that its Chairman, David P. Storch, will retire from its Board of Directors effective January 10, 2023. The Board of Directors has appointed John M. Holmes, President and CEO of AAR CORP., as Chairman of the Board effective upon Storch’s retirement and subject to Mr. Holmes’ reappointment to the Board following the 2022 annual meeting.

Jul 19, 2022

AAR awarded first Captains of Industry contract by the U.S. Department of Defense’s DLA focused on distribution of sustainment services

Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has been awarded a Captains of Industry contract with the Defense Logistics Agency (DLA), establishing a long-term strategic relationship to provide total global supply chain support to the U.S. Department of Defense (DoD) and U.S. allies.

Jul 07, 2022

AAR to announce fourth quarter fiscal year 2022 results on July 21, 2022

Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it will release financial results for its fourth quarter of fiscal year 2022, ended May 31, 2022, prior to the opening of the New York Stock Exchange trading session on Thursday, July 21, 2022.

Jul 05, 2022

AAR’s Component Repair facility in Amsterdam ranked No. 1 Outstanding Source of Repair by NATO Support and Procurement Agency for fifth time

Wood Dale, Illinois — AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has been named “Outstanding Source of Repair” and ranked number one among all component source of repair (SoR) facilities for 2021 by the NATO Support and Procurement Agency (NSPA) and the International Aerospace Management Company (IAMCO). Both organizations manage maintenance work for the North Atlantic Treaty Organization (NATO).

Apr 27, 2022

AAR’s Landing Gear PBL Program wins 2021 Secretary of Defense PBL Award

Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, was awarded the 2021 Secretary of Defense Performance-Based Logistics (PBL) Award for its Landing Gear PBL (LGPBL) Program. The Award acknowledges Government-industry teams that have demonstrated innovative sustainment solutions.