AAR Overview

News Releases

Date Title  
Toggle Summary Smartwings selects Airinmar's component Value Engineering Services for optimal cost control
BERKSHIRE, England , July 24, 2019 /PRNewswire/ -- AAR (NYSE: AIR) subsidiary Airinmar, the global leader in component repair cycle management and aircraft warranty solutions, has signed a three-year agreement with Smartwings, the largest Czech airline, to provide component Value Engineering
Toggle Summary AAR to Host Investor Day
WOOD DALE, Ill. , July 17, 2019 /PRNewswire/ -- AAR (NYSE: AIR) is holding an Investor Day today Wednesday, July 17, 2019 starting at 8:30 a.m. ET in New York City . AAR's senior leadership team will provide an overview of the company's strategy and key opportunities.
Toggle Summary AAR Reports Fourth Quarter & Fiscal Year 2019 Results
- Fourth quarter sales of $563 million up 19% from $474 million in Q4 FY2018 - Fourth quarter GAAP diluted earnings per share from continuing operations of $0.76 - Fourth quarter adjusted diluted earnings per share from continuing operations of $0.64 up 33% from Q4 FY2018 - Cash flow from
Toggle Summary AAR Announces Cash Dividend
WOOD DALE, Ill. , July 9, 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 July 31, 2019 to stockholders of record as of the
Toggle Summary AAR awarded four-year MRO contract with Royal Netherlands Air Force to service CH-47 Chinook APU
WOOD DALE, Ill. , July 9, 2019 /PRNewswire/ -- AAR (NYSE: AIR), a leading provider of aviation services to commercial airlines and governments worldwide, has been awarded a four-year contract by the Royal Netherlands Air Force (RNLAF) to perform maintenance, repair and overhaul of the Chinook APU
Toggle Summary AAR to announce fourth quarter fiscal year 2019 results on July 10, 2019
WOOD DALE, Ill. , June 27, 2019 /PRNewswire/ -- AAR (NYSE: AIR) today announced that it will release financial results for its fourth quarter of Fiscal Year 2019, ended May 31, 2019 , after the market closes on Wednesday, July 10, 2019 . On Wednesday, July 10, 2019 at 3:45 p.m.
Toggle Summary AAR, Tawazun Economic Council and Global Aerospace Logistics sign joint repair management deal at Paris Air Show
WOOD DALE, Ill. , June 20, 2019 /PRNewswire/ -- AAR (NYSE: AIR), a leading provider of aviation services to commercial airlines and governments worldwide, announced a new contract with Tawazun Economic Council , a defense and security industry enabler in the United Arab Emirates , and Global
Toggle Summary AAR selected as exclusive distributor for Woodward, Inc. supporting the U.S. Military
WOOD DALE, Ill. , June 19, 2019 /PRNewswire/ -- AAR (NYSE: AIR), a leading aviation services provider to commercial airlines and governments worldwide, has been selected as the exclusive distributor for Woodward for the promotion and sale of spare piece parts in support of U.S. Government fleets.
Toggle Summary AAR to Host Investor Day
WOOD DALE, Ill. , June 6, 2019 /PRNewswire/ -- AAR (NYSE: AIR) today announced that it will hold an Investor Day on Wednesday, July 17, 2019 at 8:30 a.m. ET in New York City . AAR's senior leadership team will provide an overview of the company's strategy and key opportunities.
Toggle Summary AAR delivers first P-8A Poseidon to U.S. Navy fleet
INDIANAPOLIS , May 20, 2019 /PRNewswire/ -- AAR (NYSE: AIR), a leading provider of aviation services to commercial airlines and governments, has completed its first planned overhaul, age exploration and planned inspection of its first U.S. Navy P-8A Poseidon (P-8A) aircraft.
Toggle Summary AAR Announces Cash Dividend
WOOD DALE, Ill., April 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 May 16, 2019 to stockholders of record as of
Toggle Summary AAR PW2000 contract with MTU Maintenance extended for another five years
WOOD DALE, Ill. , April 10, 2019 /PRNewswire/ --   AAR (NYSE: AIR) just announced that it will be extending its PW2000 engine support contract with MTU Maintenance for another five years. AAR will be supplying PW2000 parts to support MTU, which is one of the largest engine overhaul providers in the
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