AAR Launches New Digital Services for Aftermarket at MRO Europe
The PAARTS STORE 2.0 provides 24/7 visibility of more than 1 million new and used parts in AAR's inventory. So in addition to the OEM factory-new parts previously listed, visitors now have real-time access to AAR's industry-leading inventory of overhauled, serviceable, and repairable airframe and engine parts for almost every commercial aircraft platform. Full documentation including trace and certification is available to registered customers. The ability to instantly purchase or negotiate RFQs via the PAARTS STORE provides a simple and seamless experience and faster fulfillment of part needs.
"What sets AAR's online parts store apart is that customers don't have to wait on emails and faxes to verify that a component is certified or airworthy — it's a one-stop shop," said
Customers can access AAR's PAARTS STORE via our website or directly at shop.aarcorp.com.
AAR is enhancing its flight-hour component support programs with a complementary transaction and visibility portal: AARive. It provides online self-service capabilities for customers, putting them in control of their supply chain program. Already in use by select program customers, AARive offers anytime anywhere access to pool parts, review of required paperwork ahead of part shipment, and tracking of orders in real time. Access to reliability/engineering data reporting and support documentation close the supply chain loop, providing end-to-end control.
"We have been able to grow the number of aircraft under PBH contract to over 1,600 by listening to what customers want and creating solutions for them," said
"These new digital services are the first results of AAR's ongoing investment in an Intelligent Solutions team and related solution development to reimagine business as usual and drive additional value for our customers," said
This press release contains certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on beliefs of Company management, as well as assumptions and estimates based on information currently available to the Company, and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated, including those factors discussed under Item 1A, entitled "Risk Factors", included in the Company's Form 10-K for the fiscal year ended
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Kathleen Cantillon, Vice President of Strategic Communications, at Kathleen.Cantillon@aarcorp.com | 630-227-2081 or email email@example.com.