Wood Dale, Illinois , March 27, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced a distribution agreement with Cloud Cap Technology , a Collins Aerospace Mission Systems business. This
Third quarter sales of $521 million , up 15% over the prior year Third quarter GAAP diluted earnings per share from continuing operations of $0.62 , compared to $0.63 in Q3 FY2022 Adjusted diluted earnings per share from continuing operations of $0.75 , up 19% from $0.63 in Q3 FY2022 Third quarter
•Accelerates AAR’s strategy to offer digital solutions to aftermarket customers •Adds higher-margin services offering with intellectual property and recurring revenue•Expected to be accretive to Adjusted EPS in first full year Wood Dale, Illinois , March 20, 2023 (GLOBE NEWSWIRE) -- AAR CORP.
Wood Dale, Illinois , March 17, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today that John W. Dietrich has been elected to AAR’s Board of Directors, effective immediately. Mr.
Wood Dale, Illinois , March 07, 2023 (GLOBE NEWSWIRE) -- 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 third quarter of fiscal year 2023, ended February 28, 2023 ,
Wood Dale, Illinois , Feb. 23, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced that Tracey Patterson has joined the Company as Vice President and Chief Human Resources Officer.
Wood Dale, Illinois , Feb. 15, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has been named to the Forbes list of America’s Best Employers 2023. This prestigious award is presented by Forbes and
Wood Dale, Illinois , Jan. 26, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has been awarded to Newsweek’s list of America’s Most Responsible Companies 2023.
Wood Dale, Illinois , Jan. 11, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that John M. Holmes , President and Chief Executive Officer of AAR has been named Chairman of the Board of
Wood Dale, Illinois , Dec. 22, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, recently entered into a $620 million unsecured revolving credit facility. The credit facility is a $20 million increase from
Second quarter sales of $470 million , up 8% over the prior year Second quarter GAAP diluted earnings per share from continuing operations of $0.64 , compared to $0.58 in Q2 FY2022 Adjusted diluted earnings per share from continuing operations of $0.69 , up 30% from $0.53 in Q2 FY2022 WOOD DALE,
Wood Dale, Illinois , Dec. 19, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced an extension of its distribution relationship with Leach International Corp.
Wood Dale, Illinois , Dec. 15, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has expanded its partnership with Ontic by signing a military customer support distribution contract extension and a new
Wood Dale, Illinois , Dec. 06, 2022 (GLOBE NEWSWIRE) -- 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 second quarter of fiscal year 2023, ended November 30, 2022 ,
Wood Dale, Illinois , Nov. 11, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today that it earned the 2023 Military Friendly ® Employer Gold designation and 2023 Military Friendly ® Spouse
Wood Dale, Illinois , Oct. 31, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, released its 2022 Environmental, Social, and Governance (ESG) Report, illustrating AAR’s commitment to protecting the
Wood Dale, Illinois , Oct. 19, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed a new multi-year flight-hour component support contract, expanding its relationship with flydubai to include
Wood Dale, Illinois , Oct. 05, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, signed a long-term agreement with Unison Industries to significantly expand its distribution of Unison’s aviation,
Berkshire, England , Sept. 29, 2022 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR) subsidiary Airinmar , a leading independent provider of component repair cycle management and aircraft warranty solutions, signed a new services agreement with Philippines -based low-cost carrier Cebu Pacific.
First quarter sales of $446 million , compared to $455 million in Q1 FY2022 First quarter GAAP diluted earnings per share from continuing operations of $0.62 , compared to $0.31 in Q1 FY2022 Adjusted diluted earnings per share from continuing operations of $0.61 , up 17% from $0.52 in Q1 FY2022
Wood Dale, Illinois , Sept. 08, 2022 (GLOBE NEWSWIRE) -- 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 first quarter of fiscal year 2023, ended August 31, 2022 ,
Wood Dale, Illinois , Aug. 03, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has been awarded a firm-fixed-price (FFP) requirements contract from the U.S.
Wood Dale, Illinois , Aug. 02, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced the launch of Fellowship Programs with Vincennes University and Aviation Institute of Maintenance (AIM) in
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
Wood Dale, Illinois , July 27, 2022 (GLOBE NEWSWIRE) -- 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
Wood Dale, Illinois , July 26, 2022 (GLOBE NEWSWIRE) -- 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
Wood Dale, Illinois , July 25, 2022 (GLOBE NEWSWIRE) -- 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)
Fourth quarter sales of $476 million , up 9% over the prior year Fourth quarter GAAP diluted earnings per share from continuing operations of $0.66 , compared to $0.41 in Q4 FY2021; on an adjusted basis, earnings increased 53% from $0.47 in Q4 FY2021 to $0.72 in Q4 FY2022 Full year sales of $1.82
Wood Dale, Illinois , July 20, 2022 (GLOBE NEWSWIRE) -- 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 .
Wood Dale, Illinois , July 19, 2022 (GLOBE NEWSWIRE) -- 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
Wood Dale, Illinois , July 07, 2022 (GLOBE NEWSWIRE) -- 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 ,
Wood Dale, Illinois , July 05, 2022 (GLOBE NEWSWIRE) -- 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
Wood Dale, Illinois , April 27, 2022 (GLOBE NEWSWIRE) -- 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.
Wood Dale, Illinois , April 26, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed a marketing partnership agreement with ProvenAir Technologies, LLC to enhance the digital solutions available to
Third quarter sales of $452 million , up 10% over the prior year Third quarter GAAP diluted earnings per share from continuing operations of $0.63 compared to $0.87 in Q3 FY2021, which included a favorable impact from CARES Act payroll support Adjusted diluted earnings per share from continuing
Wood Dale, Illinois , March 14, 2022 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed an exclusive distribution agreement with Collins Aerospace’s Goodrich De-Icing & Specialty Heating Systems business.
Wood Dale, Illinois , March 08, 2022 (GLOBE NEWSWIRE) -- 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 third quarter of fiscal year 2022, ended February 28, 2022 ,
Wood Dale, Illinois , Feb. 15, 2022 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has been named among America’s Best Midsize Employers by Forbes for the fourth time.
Wood Dale, Illinois , Feb. 10, 2022 (GLOBE NEWSWIRE) -- Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, will participate in a fireside chat at Citi's 2022 Global Industrial Tech and Mobility Conference on
Wood Dale, Illinois , Feb. 07, 2022 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced a 10-year extension of its component maintenance, repair, and overhaul contract with International Aerospace Management
Second quarter sales of $437 million , up 8% over the prior year Second quarter GAAP diluted earnings per share from continuing operations of $0.58 compared to $0.41 in Q2 FY2021 Adjusted diluted earnings per share from continuing operations of $0.53 , up 71% from $0.31 in Q2 FY2021 Second quarter
Wood Dale, Illinois , Dec. 21, 2021 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR) today announced that its Board of Directors authorized a renewal of its stock repurchase program. The authorization permits the repurchase of up to $150 million of the Company’s common shares.
Wood Dale , Dec. 16, 2021 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, was awarded a ten year $365M firm fixed price, indefinite delivery/indefinite quantity contract with the Air Force Life Cycle Management
Wood Dale, Illinois , Dec. 07, 2021 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR) today announced that it will release financial results for its second quarter of fiscal year 2022, ended November 30, 2021 , after the New York Stock Exchange trading session on Tuesday, December 21, 2021 .
Wood Dale , Nov. 11, 2021 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, announced today that is has earned the 2022 Military Friendly® Employer designation by VIQTORY.