Results: 75 Articles found.
Mar 26, 2015

AAR Announces Close of Sale of Telair Cargo Group, Announces Date for Third Quarter FY2015 Earnings Conference Call

AAR Announces Close of Sale of Telair Cargo Group Announces Date for Third Quarter FY2015 Earnings Conference Call

 
Mar 19, 2015

AAR Awarded Contract for Airlift Charter Services with UN

AAR Awarded Contract for Airlift Charter Services with UN AAR Airlift presence in Africa now includes peacekeeping missions WOOD DALE, Illinois, March 19, 2015 – AAR (NYSE: AIR) announces that AAR Airlift has been awarded a contract by the United Nations for airlift services in Central Africa. The contract is valued at approximately $19 million. AAR Airlift will provide passenger and cargo air charter services in support of the MONUSCO operation, the United Nations Organization Stabilizat

 
Mar 16, 2015

AAR Provides Interim Update Regarding Fiscal 2015 Third Quarter Results and its Use of Proceeds from the Telair Cargo Group Sale

WOOD DALE, Illinois, March 16, 2015 – AAR (NYSE: AIR) today provided more detail about what was previously disclosed in its announcement on February 23, 2015. For the Third Quarter ended Feb. 28th, the Company’s results will come in below expectations due to:  Lower flying positions and flight hours in its Airlift operations that have resulted in a reduction of approximately $7.6 million of operating profit from the Second to the Third Quarter of FY2015 And the following one-time events:  ​

 
Mar 05, 2015

AAR Signs Contract for Two AW189 Helicopters for Falkland Islands Search & Rescue Requirement

AAR Signs Contract for Two AW189 Helicopters for Falkland Islands Search & Rescue Requirement AAR Airlift Group will use the next generation helicopter to fulfill the UK Ministry of Defence SAR requirement • AgustaWestland will also provide ten years support and training services • Delivery by year end • Important commercial SAR programme for the UK MOD Finmeccanica – AgustaWestland announced today it has signed a contract with AAR Airlift Group to provide two next generation

 
Mar 04, 2015

AAR Chairman & CEO David P. Storch Named First Winner of Penton Aviation Week Network’s Gilbert W. Speed Award

AAR Chairman & CEO David P. Storch Named First Winner of Penton Aviation Week Network’s Gilbert W. Speed Award New leadership award honoring legacy of industry pioneer & SpeedNews founder presented during Commercial Aviation Industry Suppliers Conference NEW YORK – March 3, 2015 – David P. Storch, Chairman & CEO of AAR, is the inaugural recipient of the Gilbert W. Speed Award honoring outstanding leadership and collaboration across the global aerospace and defense supply chain. The awa

 
Feb 23, 2015

AAR to Sell Telair Cargo Group to TransDigm for $725 Million

AAR to Sell Telair Cargo Group to TransDigm for $725 Million AAR to Discontinue Precision Systems Manufacturing AAR to build on its leadership position in aviation services WOOD DALE, Illinois, February 23, 2015 – AAR (NYSE: AIR) today announced it has agreed to sell its Telair Cargo Group to TransDigm for a purchase price of $725 million in cash, subject to adjustments. The Telair Cargo Group is comprised of Telair International, Telair U.S., and Nordisk Aviation Products. AAR will report it​

 
Feb 09, 2015

AAR Now Offers HALT/HASS Product Testing and Technical Support

GOLDSBORO, North Carolina, February 9, 2015 – AAR (NYSE: AIR), the global aerospace and defense contractor that provides products and services to commercial and military fleets, announces it now offers accelerated reliability testing and engineering services for mission-critical products developed for aerospace/aeronautics, automotive, energy, transit/rail, industrial and medical devices at its facility in Goldsboro.

 
Jan 19, 2015

AAR Awarded 10-Year Search & Rescue Contract in the Falkland Islands by UK MOD

WOOD DALE, Illinois, January 19, 2015 – AAR (NYSE: AIR) announces its Airlift division has been awarded a contract by the United Kingdom Ministry of Defence for Search & Rescue (SAR) and Support Helicopter services in the Falkland Islands. The contract is valued at approximately $275 million (approximately £180 million).

 
Jan 13, 2015

AAR Granted AS9100 Certification for Manufacturing at Aircraft MRO

WOOD DALE, Illinois, January 13, 2015 – AAR (NYSE: AIR) announces it has been granted AS9100 certification of its quality management system for manufacturing at the company’s aircraft maintenance, repair and overhaul (MRO) facility located at the company’s facility located near the Indianapolis International Airport.

 
Dec 18, 2014

AAR REPORTS SECOND QUARTER FISCAL YEAR 2015 RESULTS

• Second quarter sales of $490.0 million • Diluted earnings per share of $0.38 • Cash flow from operations of $16.0 million, free cash flow of $8.0 million WOOD DALE, ILLINOIS (December 18, 2014) — AAR (NYSE: AIR) today reported second quarter fiscal year 2015 consolidated sales of $490.0 million and net income of $15.2 million, or $0.38 per diluted share. For the second quarter of the prior fiscal year, the Company reported sales of $540.7 million and net income of $20.0 million, or

 
 
Results: 75 Articles found.