AAR CORP reported fourth quarter fiscal year 2023 consolidated sales of $553.3 million and income from continuing operations of $23.2 million, or $0.66 per diluted share. For the fourth quarter of the...
United Airlines has extended its existing MRO service and heavy maintenance commitments with AAR CORP through 2030 Under this agreement, AAR has committed to growing its dedicated airframe narrow body...
AAR CORP has named Andrew Schmidt its Senior Vice President of AAR Digital Services and Trax. Schmidt will work closely with the Trax founders and their leadership team to scale the Trax business by g...
AAR has named ex-GE Aerospace exec Tom Hoferer as vice president of repair and engineering services. "Most recently, he served as President of GE Aerospace’s Unison Industries, a global leader in avia...
Illinois-based aviation services company AAR recorded third quarter fiscal year 2023 (Q3 FY 2023) sales of $521 million, up 15% year-on-year. The sales contributed to GAAP diluted earnings per share f...
AAR entered into a $620 million unsecured revolving credit facility. The credit facility is a $20 million increase from the prior facility and extends the maturity of the agreement from September 2024...
In an interesting development, AAR has donated a functional aircraft to Rock Valley College’s Aviation Maintenance Program recently. The fully functional CRJ-200 aircraft will aid in aviation-focused ...
AAR Corp recently released its second Environmental, Social, and Governance (ESG) Report highlighting AAR’s commitment to protecting the environment, empowering people, and governing and operating wit...
AAR has expanded its relationship with fludubai with a new multi-year flight-hour component support contract that will include additional aircraft in flydubai’s rapidly growing Boeing 737 MAX fleet. f...
AAR has signed a long-term agreement with Unison Industries to significantly expand its distribution of Unison’s aviation, aerospace, and civil land vehicle products. Brian DeGennaro, Vice President, ...
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