Results: 97 Articles found.
Jun 30, 2015

AAR to Consolidate North American MRO Footprint to Optimize Network Capacity

WOOD DALE, Illinois, June 30, 2015 -- AAR (NYSE: AIR) announced that it will close its MRO facility in Hot Springs, Ark., and transfer operations to its Oklahoma City, Okla., facility as part of the Company’s efforts to optimize its assets and improve return on invested capital for shareholders.

 
Jun 24, 2015

Statement on Hot Springs MRO

WOOD DALE, Illinois, June 24, 2015 -- AAR (NYSE: AIR) plans to close its MRO facility in Hot Springs, Ark., and transfer operations to its Oklahoma City facility as part of the Company’s efforts to better align the capacity of AAR’s 1MRO Network with current market demand for aircraft maintenance. ​

 
Jun 23, 2015

AAR Celebrates Delivery of 500th Aircraft to Alaska Airlines

OKLAHOMA CITY, Oklahoma, June 23, 2015 – AAR (NYSE: AIR) announces that it has reached a maintenance milestone -- delivery of the 500th aircraft to longtime customer Alaska Airlines. For 12 years, AAR has performed aircraft maintenance, repair and overhaul (MRO), including heavy checks and drop-ins, component repair and management, on Alaska’s fleet of classic Boeing 737s and 737NG narrow-body aircraft.

 
Jun 16, 2015

AAR and South African Airways Technical Announce MOU for Joint Venture

PARIS, June 16, 2015 – AAR (NYSE: AIR), a world leader in airframe maintenance and supply chain solutions, and South African Airways Technical (SAAT), the maintenance division for the leading airline in Africa, South African Airways (SAA), have signed a Memorandum of Understanding to establish a joint venture partnership to reduce costs and increase operational efficiencies of the airline’s fleet. The joint venture will also focus on growing SAAT's MRO services to third-party customers/airlines ​

 
Jun 11, 2015

AAR to Exhibit Aftermarket Aviation Services at the Paris Air Show

PARIS, June 11, 2015 – AAR, an industry-leading provider of aviation services to commercial airlines, OEMs and governments will showcase its supply chain and component repair operations based in Europe, as well as its award-winning MRO network, at the Paris Air Show 2015, June 15-21.

 
Jun 11, 2015

Airinmar Signs 3-Year Repair Management Agreement with CHC Helicopter

BERKSHIRE, England, June 11, 2015 – Airinmar, a leading provider of innovative aviation repair management solutions, has signed a three-year agreement with CHC Helicopters to manage component repairs for its fleet of over 200 helicopters.

 
Jun 03, 2015

AAR Wins Certification from Pratt & Whitney to Overhaul APUs on UH-60 Black Hawk Helicopters

GARDEN CITY, New York, June 3, 2015 – AAR (NYSE: AIR) has won an endorsement from Pratt & Whitney to enhance the U.S. Army contract to upgrade and overhaul Auxiliary Power Units (APUs) for its UH-60 Black Hawk helicopters. The new certification augments work being performed at AAR’s Aircraft Component Services facility in Garden City on Long Island as part of a five-year contract, which began in 2014.​

 
Jun 01, 2015

AAR Named Best Airframe MRO Provider Worldwide by ATE&M Magazine

WOOD DALE, Illinois, June 1, 2015 – AAR (NYSE: AIR) was named Best Airframe MRO Provider at the 2015 Aircraft Technology Engineering & Maintenance (ATE&M) Awards ceremony in London. AAR has earned the recognition three times in the last four years, however, this year the category was geographically expanded from “The Americas” region to recognize entrants’ global impact. Winners were shortlisted by ATE&M readers before being vetted by a panel of expert aviation industry judges.

 
May 29, 2015

AAR CORP. Announces Final Results of Modified Dutch Auction Tender Offer

WOOD DALE, Illinois, May 29, 2015 – AAR CORP. (NYSE: AIR) announced today the final results of its “modified Dutch auction" tender offer, which expired at the end of the day, 12:00 midnight, New York City time, on May 22, 2015.

 
May 26, 2015

AAR CORP. Provides an Update to its Restructuring Activities

WOOD DALE, Ill., May 26, 2015 /PRNewswire/ -- AAR CORP. (NYSE: AIR) announced earlier today that it completed the "modified Dutch auction" tender offer to purchase shares of its common stock for an aggregate cash purchase price of $135 million. With the execution of the tender the Company expects to retire 4.2 million shares at $31.90 per share, leaving a fully diluted share count of 34.9 million shares as it enters the First Quarter of Fiscal Year 2016.

 
 
Results: 97 Articles found.