AAR Aircraft Component Services Unveils Expanded Amsterdam Facility
February 17, 2016
New hydraulic equipment adds capabilities and doubles capacity to meet rising demand
AMSTERDAM, Feb. 18, 2016 – AAR (NYSE: AIR), a worldwide provider of aviation services to commercial airlines, original equipment manufacturers (OEMs) and governments, has expanded and updated its hydraulic repair and overhaul facility at AAR Aircraft Component Services – Amsterdam in response to rising demand.
AAR announced the expansion Thursday during the Singapore Airshow.
The renovation of the facility entailed a significant investment in state-of-the-art testing equipment, a reconfiguration of the space, and the hiring of additional personnel. Together, these updates more than double the capacity of the previous facility to handle work on a longer list of parts and systems, such as hydraulic pumps; flap, thrust-reverser and landing-gear actuators; and flow control and shutoff valves for various aircraft from Airbus, Boeing, Embraer, Bombardier and others.
Equipped for Maximum Efficiency \
Two new test stands, developed by ACS – Amsterdam, are equipped with the latest advances in automation, complete with control software. The gearbox test stand is designed to meet aircraft flow and pressure test requirements for all Boeing, Airbus, Embraer, CRJ and other airframes working on Skydrol fluid at 3,000 or 5,000 PSI, including new-generation aircraft.
The facility’s existing universal bench has integrated higher levels of automation, eliminating the transition time required for a worker to activate settings manually. Measurements are taken and fed into an HTML report.
A new logistics area and a central warehouse increase capacity and reduce turnaround times even in periods of peak volume, so that components are returned to service as swiftly as possible.
"This refresh propels ACS – Amsterdam to the leading edge of hydraulic component repair and overhaul for commercial aircraft," said Salvatore Cristofori, Director of Sales & Commercial Operations, Aircraft Component Services – Amsterdam. "As important as our advanced machinery are our people. They are the backbone of our success in meeting rising demand." Continual reinvestment in its infrastructure and workforce is central to AAR’s mission to Do It Right by providing first-class service and support to its customers.
AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through two operating segments: Aviation Services and Expeditionary Services. AAR’s Aviation Services include Parts Supply; OEM Solutions; Integrated Solutions; and Maintenance, Repair and Overhaul (MRO) Services. AAR’s Expeditionary Services include Mobility Systems operations. Additional information can be found at www.aarcorp.com.
Media contact: Daniela Pietsch, Vice President Corporate Marketing & Communications, at firstname.lastname@example.org or +1 630-227-5100.
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, including, but not limited to,statements regarding the agreement to establish The Module Factory,AAR’s estimate that it will manage the teardown, repair, marketing and sales of spare parts of FTAI’s CFM56 engine pool totaling over 200 engines and growing, AAR’s ability to leverage its extensive USM capabilities to offer CFM56 serviceable engine material to the global commercial aviation aftermarket, that the partnership positions AAR well to service the growing demand for USM on a leading engine platform as customers increasingly prioritize more cost-efficient solutions, and the belief that serviceable engine products, combined with FTAI’s proprietary products and partnerships, completes its unique suite of CFM56 aftermarket offerings aimed at delivering the lowest cost per cycle solution to airline customers. Forward-looking statements may also be identified because they contain words such as ‘‘anticipate,’’ ‘‘believe,’’ ‘‘continue,’’ ‘‘could,’’ ‘‘estimate,’’ ‘‘expect,’’ ‘‘intend,’’ ‘‘likely,’’ ‘‘may,’’ ‘‘might,’’ ‘‘plan,’’ ‘‘potential,’’ ‘‘predict,’’ ‘‘project,’’ ‘‘seek,’’ ‘‘should,’’ ‘‘target,’’ ‘‘will,’’ ‘‘would,’’ or similar expressions and the negatives of those terms. 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 Form 10-K for the fiscal year ended May 31, 2015. 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.