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AAR ANNOUNCES MOVES TO STRENGTHEN MRO AND DEFENSE BUSINESSES

WOOD DALE, ILLINOIS (June 10, 2010) — AAR (NYSE: AIR) announced today that it has named Dany Kleiman Group Vice President of the Company’s Maintenance, Repair and Overhaul (MRO) segment. In this capacity, Kleiman will oversee all of AAR’s MRO activities and will be responsible for growing the Company’s domestic and international MRO business.

Kleiman will assume responsibility for leading AAR’s four aircraft heavy maintenance facilities, as well as its landing gear repair, engineering services, PMA, back shop and aircraft sales and leasing businesses. Kleiman joined AAR in September 2009 as Vice President of Operations and brings over 25 years of commercial and defense aerospace experience to AAR.

Donald Wetekam, who joined the Company in 2007 and previously led AAR’s MRO group, has been appointed Senior Vice President of Government and Defense Business Development. Wetekam, a former Air Force Deputy Chief of Staff for Installations and Logistics, will leverage his leadership experience and reputation as a renowned process improvement strategist to grow AAR’s government and defense business.

“Dany has tremendous engineering, operations and leadership experience that makes him an excellent fit to head up AAR’s MRO operations,” said Timothy J. Romenesko, President and Chief Operating Officer of AAR. “This move also enables us to capitalize on Don’s extensive knowledge of missions, maintenance and logistics as we focus on increasing AAR’s competitiveness in government and defense markets.”

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.

 
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