WOOD DALE, ILLINOIS (March 13, 2007) - AAR (NYSE: AIR) today announced that it will release financial results for its third quarter of Fiscal Year 2007, ended February 28, 2007, before the market opens on Wednesday, March 21, 2007.

At 10:30 a.m. CDT, AAR will hold a conference call to discuss the results. The conference call can be accessed by calling 866-206-7202 from inside the U.S. or 703-639-1112 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 1053724). The replay will be available from 2:30 p.m. CDT on March 21, 2007 until 11:59 p.m. CDT on March 28, 2007.

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.