WOOD DALE, ILLINOIS (April 15, 2010) — AAR announced today that AAR Aircraft Component Services – New York has earned a 2009 Boeing Performance Excellence Award from The Boeing Company, which issues the award annually to recognize suppliers who have achieved superior performance. AAR Aircraft Component Services – New York earned the award by maintaining a Gold composite performance rating for each month of the 12-month performance period, from Oct. 1, 2008 to Sept. 30, 2009.

Out of more than 10,500 eligible suppliers, Boeing recognized 128 suppliers with the Gold level Boeing Performance Excellence Award. In 2008, AAR Aircraft Component Services – New York was recognized with a Silver level Boeing Performance Excellence Award.

“We are honored to be recognized by Boeing for our performance as a Gold supplier and to have built upon our high levels of performance from the prior year,” said Timothy Romenesko, President and Chief Operating Officer of AAR CORP. “Our employees are dedicated to providing our customers and end users with the highest levels of quality, service and airworthiness and this award is a direct result of their dedication.”

AAR Aircraft Component Services – New York repairs components for both the military and commercial platforms that Boeing supports, which include the CH-47, AV-8B, T-45, C-40, KC-10, C-32, E-4B, VC-25, 737, 757 and 767.

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

This press release contains certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on beliefs of Company management, as well as assumptions and estimates based on information currently available to the Company, and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated, including those factors discussed under Item 1A, entitled “Risk Factors”, included in the Company’s May 31, 2009 Form 10-K. Should one or more of these risks or uncertainties materialize adversely, or should underlying assumptions or estimates prove incorrect, actual results may vary materially from those described. These events and uncertainties are difficult or impossible to predict accurately and many are beyond the Company’s control. The Company assumes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. For additional information, see the comments included in AAR’s filings with the Securities and Exchange Commission.