WOOD DALE, ILLINOIS (March 15, 2006) - AAR (NYSE: AIR) today announced that it will release financial results for the third quarter of its Fiscal Year 2006, ended February 28, 2006, before the market opens on Wednesday, March 22, 2006.

At 10:30 a.m. CST, AAR will hold a conference call to discuss the results. The conference call can be accessed by calling 866-814-8483 from inside the U.S. or 800-4363-7976 from outside the U.S.

A replay of the conference call will also be available by calling 888-266-2081 from inside the U.S. or 703-925-2533 from outside U.S. (access code 869142). The replay will be available from 2:30 p.m. CST on March 22, 2006 until 11:59 p.m. CST on March 29, 2006.

AAR is a leading provider of products and value-added services to the worldwide aviation/aerospace industry. With facilities and sales locations around the world, AAR uses its close-to-the-customer business model to serve airline and defense customers through four operating segments: Aviation Supply Chain; Maintenance, Repair and Overhaul; Structures and Systems and Aircraft Sales and Leasing. More information can be found at www.aarcorp.com.