AAR Overview

News Releases

Date Title  
Toggle Summary AAR Reports Third Quarter Fiscal Year 2019 Results
- Third quarter sales increased 16% to $530 million - Third quarter GAAP and adjusted diluted earnings per share from continuing operations of $0.78 and $0.79, respectively, both inclusive of income tax benefits of $0.19 - Adjusted diluted earnings per share from continuing operations up 61% from
Toggle Summary AAR Mobility Systems awarded a $10.8 million order from USAF to produce 463L cargo pallets
CADILLAC, Mich. , March 18, 2019 /PRNewswire/ -- AAR (NYSE: AIR), an independent provider of aviation and defense aftermarket solutions, has been awarded a $10.8 million order from the U.S. Air Force for the production of 463L cargo pallets. The cargo pallets will be manufactured at AAR's Mobility
Toggle Summary AAR awarded new additional Worldwide Aviation Support Services site
WOOD DALE, Ill. , March 18, 2019 /PRNewswire/ -- AAR (NYSE: AIR), a leading provider of aviation services to commercial airlines and governments, received notification from the Department of State awarding the company a new site under the Worldwide Aviation Support Services (WASS) program.
Toggle Summary AAR Earns JCAB Approval To Expand Services To Japanese Airlines
Audit by Japan Civil Aviation Bureau clears path to do business with airlines WOOD DALE, Ill. , March 8, 2019 /PRNewswire/ -- AAR (NYSE: AIR), an independent provider of aviation aftermarket services, has received approval from the Japan Civil Aviation Bureau (JCAB) to serve Japanese airlines that
Toggle Summary AAR to Announce Third Quarter Fiscal Year 2019 Results on March 19, 2019
WOOD DALE, Ill. , March 7, 2019 /PRNewswire/ -- AAR (NYSE: AIR) today announced that it will release financial results for its third quarter of Fiscal Year 2019, ended February 28, 2019 after the market closes on Tuesday, March 19, 2019 . On Tuesday, March 19, 2019 at 3:45 p.m.
Toggle Summary AAR named 'Best Aircraft Components Repair & Maintenance Company 2019'
WOOD DALE, Ill. , March 4, 2019 /PRNewswire/ -- AAR (NYSE-AIR), an independent provider of aviation aftermarket services, has been recognized as the " Best Aircraft Components Repair & Maintenance Company 2019" in a worldwide poll conducted by International Transport News .
Toggle Summary Aviation Industry Votes AAR Top Shop for Repair of Landing Gear and Wheels and Brakes in Miami
Facility selected by hundreds of airlines and suppliers around the world WOOD DALE, Ill. , Feb. 26, 2019 /PRNewswire/ -- AAR (NYSE: AIR), an independent provider of aviation aftermarket services, announces that it has won the 2019 Top Shop Award for Best Landing Gear Repair and the 2019 Top Shop
Toggle Summary Airinmar Signs Warranty Support Agreement with Major European Low-Cost Carrier
BERKSHIRE, England , Feb. 1, 2019 /PRNewswire/ -- AAR (NYSE: AIR) subsidiary Airinmar, a global leader in the provision of intelligent component repair cycle management and aircraft warranty solutions for commercial and defense customers, has signed an agreement with one of the leading low-cost
Toggle Summary Demand for new aviation workforce fuels AAR, Vincennes University partnership
INDIANAPOLIS , Jan. 31, 2019 /PRNewswire/ -- AAR (NYSE: AIR), a global provider of aviation services, and Vincennes University (VU) today announced their new aviation maintenance education and training partnership to further enhance instruction as well as student job experiences and career
Toggle Summary Business, cities, states and colleges partner to grow the aviation talent pipeline
New report sheds light on workforce shortage, offers solutions WOOD DALE, Ill. , Jan. 31, 2019 /PRNewswire/ -- A new report by global aviation services provider AAR (NYSE: AIR) examines the significant opportunities for the industry to grow its pool of aircraft maintenance workers and track
Toggle Summary AAR and Lake Superior College Expand Partnership to Enhance Aviation Maintenance Program and Offer Clear Career Pathway for Students
DULUTH, Minn. , Jan. 24, 2019 /PRNewswire/ -- AAR (NYSE: AIR), a global, independent provider of aviation services, and Lake Superior College (LSC) announce expansion of their partnership to further enhance instruction and career prospects for students enrolled in the aviation maintenance
Toggle Summary AAR Awarded 7-Year Engine MRO Contract for the Royal Danish Air Force
Sustainment for Pratt & Whitney F100-220 engine components on the General Dynamics F-16 WOOD DALE, Ill. , Jan. 17, 2019 /PRNewswire/ -- AAR (NYSE: AIR), an independent provider of global aftermarket aviation services, has been awarded a seven-year contract by the Danish Defence Acquisition and
Toggle Summary AAR Announces Cash Dividend
WOOD DALE, Ill. , Jan. 16, 2019 /PRNewswire/ -- AAR CORP. (NYSE: AIR) announced that its Board of Directors at its regularly scheduled meeting declared a quarterly cash dividend of $0.075 per share to its stockholders.  The dividend will be payable on February 8, 2019 to stockholders of record as
Toggle Summary AAR's New Partnership with Rock Valley College to Enhance Aviation Maintenance Instruction and Students' Career Prospects
ROCKFORD, Ill. , Jan. 15, 2019 /PRNewswire/ -- AAR (NYSE: AIR), a global provider of aviation services, and Rock Valley College today announced expansion of their unique aviation maintenance education and training partnership to further enhance instruction, students' job experiences and their
Toggle Summary AAR Names Sean Gillen Chief Financial Officer
WOOD DALE, Ill. , Jan. 3, 2019 /PRNewswire/ -- AAR (NYSE: AIR) today announced that its Board of Directors has appointed Sean Gillen as Vice President and Chief Financial Officer, effective January 7, 2019 . Mr. Gillen will succeed Michael Milligan and will report to President and Chief Executive
Toggle Summary AAR Reports Second Quarter Fiscal Year 2019 Results
- Second quarter sales increased 17% to $493 million in Q2 FY2019 - Second quarter diluted earnings per share from continuing operations of $0.32 after a charge for bad debt expense, or $0.59 on an adjusted basis - Adjusted diluted earnings per share from continuing operations up 51% from Q2 FY2018
Toggle Summary Mayor Emanuel, City Colleges of Chicago And AAR Announce The Aviation Futures Training Center
Aviation sheet metalworking course will prepare students to earn $80,000 within five years CHICAGO , Dec. 13, 2018 /PRNewswire/ -- Mayor Rahm Emanuel joined City Colleges of Chicago and AAR  (NYSE: AIR)  to announce the new Aviation Futures Training Center to train students in aviation sheet
Toggle Summary AAR Receives 2018 "Distributor of the Year Award" from LORD Corporation
WOOD DALE, Ill. , Dec. 10, 2018 /PRNewswire/ -- AAR (NYSE: AIR) a global provider of aviation services, announced today that its OEM Solutions – Government group received the 2018 "Distributor of the Year" award from LORD Corporation , a global diversified technology and manufacturing company.
Toggle Summary AAR Announces Partnership with Napier Park Global Capital
AAR brings extensive expertise to end-of-life aircraft support WOOD DALE, Ill. , Dec. 5, 2018 /PRNewswire/ -- AAR (NYSE: AIR), a global aviation aftermarket leader, announces the expansion of its commercial aircraft asset management activities by partnering with Napier Park Global Capital (Napier
Toggle Summary AAR to Announce Second Quarter Fiscal Year 2019 Results on December 18, 2018
WOOD DALE, Ill., Dec. 4, 2018 /PRNewswire/ -- AAR (NYSE: AIR) today announced that it will release financial results for its second quarter of Fiscal Year 2019, ended November 30, 2018 after the market closes on Tuesday, December 18, 2018 . On Tuesday, December 18, 2018 at 3:45 p.m.
Toggle Summary AAR Awarded $51 Million Aircraft Maintenance and Logistics Support Services Contract for U.S. Marshals Service Prisoner Transport Aircraft
WOOD DALE, Illinois, November30, 2018 — AAR (NYSE: AIR) announces the U.S. Marshals Service (USMS) has awarded the global aviation services provider a five-year contract to perform full maintenance and logistical support services for its Boeing 737 series aircraft owned and operated by the Justice
Toggle Summary AAR and Ameco Sign Long-Term RB211 Repair Deal at MRO APAC
Partnership to provide unparalleled long-term support to AAR's customers worldwide SINGAPORE , Nov. 8, 2018 /PRNewswire/ -- AAR (NYSE: AIR), a global provider of aftermarket aviation services for commercial airlines, signed a long-term contract with Ameco, a world MRO expert in RB211 repair and
Toggle Summary AAR partnership with WMU boosts aviation maintenance instruction, experience
KALAMAZOO, Michigan, October 26, 2018 – Western Michigan University's new partnership with AAR, a global provider of aviation services, is expected to enhance instruction for students studying to become aircraft maintenance technicians, providing real-life work experience and an opportunity to be
Toggle Summary AAR Named Preferred Global Distributor for Zodiac Aerospace Water and Waste Product Lines
WOOD DALE, Ill. , Oct. 17, 2018 /PRNewswire/ -- AAR (NYSE: AIR), a global provider of aviation services, will partner with Zodiac Aerospace to distribute their water and waste product portfolio to the global airline, MRO and supporting markets effective November 1, 2018 .
Toggle Summary AAR Signs Agreement with Ontic for Support of Military MRO Business
WOOD DALE, Ill. , Oct. 16, 2018 /PRNewswire/ -- Ontic, a BBA Aviation company and the aerospace industry's leading provider of 'Extended Life Solutions' for OEM legacy products, has appointed AAR as its authorized inventory management partner and exclusive distributor in support of Ontic UK's
Toggle Summary AAR Launches AIRVOLUTION™ - A New Cloud-Based Solution for Component Repair Management
World-class software tool maximizes repair cycle efficiencies and reduces operational costs RAI AMSTERDAM , Netherlands, Oct. 15, 2018 /PRNewswire/ -- AAR (NYSE: AIR), a global leader in aviation services and integrated customer solutions, will present AIRVOLUTION™, a revolutionary new cloud-based
Toggle Summary AAR to Provide After-Hours Logistics and Technical AOG Support for Eaton Aerospace
WOOD DALE, Ill. , Oct. 11, 2018 /PRNewswire/ -- AAR (NYSE: AIR), a global provider of aviation services to commercial airlines, will deliver after-hours logistics and technical AOG support for Eaton Aerospace effective October 1, 2018 . Under this agreement, AAR will serve as the single point of
Toggle Summary AAR Announces Cash Dividend
WOOD DALE, Ill. , Oct. 11, 2018 /PRNewswire/ --  AAR CORP. (NYSE: AIR) announced that its Board of Directors at its regularly scheduled meeting declared a quarterly cash dividend of $0.075 per share to its stockholders.  The dividend will be payable on November 2, 2018 to stockholders of record as
Toggle Summary AAR Reports First Quarter 2019 Results
- First quarter sales of $466 million, up 17% from Q1 FY2018 - First quarter diluted earnings per share from continuing operations of $0.54 compared to $0.32, or $0.33 on an adjusted basis, in Q1 FY2018 - Adjusted diluted earnings per share from continuing operations up 64% from Q1 FY2018 WOOD
Toggle Summary AAR to Service Air New Zealand’s A320ceo and A320neo Fleets Under a Long-Term PBH Agreement
WOOD DALE, Illinois, September 20, 2018 –AAR (NYSE: AIR), a global leader in aviation services, will provide full power-by-the-hour (PBH) support of Air New Zealand’s A320 fleet under a long-term agreement. The contract covers a total of 48 aircraft including 30 A320ceos and 18 A320neos.
Toggle Summary AAR Signs Integrated Component Solutions Agreement to Provide Full PBH Support of Air Malta’s A320neo
Global aftermarket leader expands PBH footprint in Europe WOOD DALE, ILLINOIS, September 19, 2018 – AAR (NYSE: AIR), a leading provider of aviation aftermarket services to the world’s airlines, has entered a multiyear Integrated Component Solutions agreement with Air Malta to provide full
Toggle Summary AAR to Announce First Quarter Fiscal Year 2019 Results on September 25, 2018
WOOD DALE, Ill. , Sept. 4, 2018 /PRNewswire/ -- AAR (NYSE: AIR) today announced that it will release financial results for its first quarter of Fiscal Year 2019, ended August 31, 2018 after the market closes on Tuesday, September 25, 2018 . On Tuesday, September 25, 2018 at 3:45 p.m.
Toggle Summary AAR Mobility Systems Awarded $2 Million Order to Support U.S. Air Force Security Forces’ Desert Defender Program
CADILLAC, Michigan, August 8, 2018 –AAR (NYSE: AIR) Mobility Systems has been awarded a $2 million order to provide customized TFI shelters to support the U.S. Air Force Security Forces’ Desert Defender program. AAR will provide 20-foot and 9-foot variants of its TFI shelters, which will be used
Toggle Summary AAR Expands its AOG Global Support for Airline Customers
WOOD DALE, Illinois, July 23, 2018 – AAR (NYSE: AIR), a global provider of aviation services to commercial airlines, has expanded its AOG customer support in London-Gatwick and Chicago to empower customer operational excellence. The expansion enables AAR to provide instant solutions, including part
Toggle Summary AAR Mobility Systems Awarded $25.3 Million in Task Orders from USAF to Produce and Repair 463L Cargo Pallets
CADILLAC, Michigan, July 19, 2018 – AAR (NYSE: AIR) Mobility Systems has been awarded task orders valued at $25.3 million from the U.S. Air Force for the production and repair of 463L cargo pallets. The cargo pallets will be manufactured and repaired in Cadillac.
Toggle Summary AAR Signs Agreement with LORD Electromechanical Solutions for Airbus Flight Control Equipment Repairs
Expanded relationship to be Flight Control Equipment repair management channel in the Americas market WOOD DALE, Illinois, July 11, 2018 — AAR (NYSE: AIR) announced today its OEM Aftermarket Solutions group has signed an agreement with LORD Corporation to be its channel to the Americas market for
Toggle Summary AAR Announces Cash Dividend
WOOD DALE, Ill., July 10, 2018 /PRNewswire/ -- AAR CORP. (NYSE: AIR) announced that its Board of Directors at its regularly scheduled meeting declared a quarterly cash dividend of $0.075 per share to its stockholders.  The dividend will be payable on July 31, 2018 to stockholders of record as of
Toggle Summary AAR Announces Fourth Quarter & Fiscal Year 2018 Results
- Fourth quarter sales of $474 million , up 5% from $451 million in Q4 FY2017 - Fourth quarter diluted earnings per share from continuing operations of $0.52 compared to $0.48 in Q4 FY2017; on an adjusted basis, $0.54 in Q4 FY2018 compared to $0.49 in Q4 FY2017 - Full year sales of $1.75 billion ,
Toggle Summary AAR to Announce Fourth Quarter Fiscal Year 2018 Results on July 10, 2018
WOOD DALE, Ill. , June 26, 2018 /PRNewswire/ -- AAR (NYSE: AIR) today announced that it will release financial results for its fourth quarter of Fiscal Year 2018, ended May 31, 2018 , after the market closes on Tuesday, July 10, 2018 . On Tuesday, July 10, 2018 at 3:45 p.m.
Toggle Summary AAR Named to Forbes' America's Best Employers List
WOOD DALE, Ill. , May 1, 2018 /PRNewswire/ -- AAR (NYSE: AIR), a global provider of aviation services to commercial airlines and governments, was named to the Forbes list of America's Best Mid-Size Employers for 2018. AAR was chosen based on an independent survey by Statista from a sample of more
Toggle Summary AAR Announces Cash Dividend
WOOD DALE, Ill. , April 17, 2018 /PRNewswire/ -- AAR CORP. (NYSE: AIR) announced that its Board of Directors at its regularly scheduled meeting declared a quarterly cash dividend of $0.075 per share to its stockholders.  The dividend will be payable on May 16, 2018 to stockholders of record as of
Toggle Summary AAR Reports Third Quarter Fiscal Year 2018 Results
- Third quarter sales of $456 million, up 12% from $407 million in Q3 FY2017 - Third quarter diluted earnings per share from continuing operations of $0.90, or $0.49 on an adjusted basis, compared to $0.42 in Q3 FY2017 - Sales growth of 11% in our Aviation Services segment WOOD DALE, Ill.
Toggle Summary AAR to Announce Third Quarter Fiscal Year 2018 Results on March 20, 2018
WOOD DALE, Ill. , March 8, 2018 /PRNewswire/ -- AAR (NYSE: AIR) today announced that it will release financial results for its third quarter of Fiscal Year 2018, ended February 28, 2018 after the market closes on Tuesday, March 20, 2018 . On Tuesday, March 20, 2018 at 3:45 p.m.
Toggle Summary AAR Announces Joint Venture with Indamer for New MRO Facility in India
WOOD DALE, Ill. , Feb. 7, 2018 /PRNewswire/ -- AAR (NYSE: AIR), a global provider of aviation services to commercial airlines, announced a joint venture with Indamer Aviation, a leading aviation company in India , for the development of a new airframe maintenance, repair and overhaul (MRO) facility
Toggle Summary AAR Investor Day in New York
Presentation and 8K available with 2019 Guidance on AAR Investor Website WOOD DALE, Ill. , Jan. 11, 2018 /PRNewswire/ --  AAR CORP. (NYSE: AIR) today met with investors in New York and presented an update of the business.  The presentation and 8K filing with guidance are available on the investor