AAR Commences Search and Rescue Operations for UK Ministry of Defence in the Falkland Islands
March 31, 2016
Team AAR delivers first commercial SAR service to UK MOD
WOOD DALE, Illinois, March 31, 2016 – AAR (NYSE: AIR) announces its Airlift division has commenced operations for Search and Rescue (SAR) and Support Helicopter (SH) services for the UK Ministry of Defence in the Falkland Islands.
AAR Airlift Group, together with British International Helicopters (BIH) and Air Rescue Systems (ARS), is delivering turnkey SAR and Support Helicopter services to the British Forces South Atlantic Islands (BFSAI) operations. Team AAR is providing Finmeccanica AW-189 SAR helicopters, Sikorsky S-61N support helicopters, flight operations, maintenance, logistics, facilities support, and personnel management at the Mount Pleasant Complex in the Falkland Islands and the surrounding maritime region. The mission includes 24/7/365 all-weather SAR, helicopter emergency services, rescue hoist operations and passenger and cargo transfers.
Following award of the 10-year, $275 million (£180 million) contract in January 2015, AAR sourced two new AW-189 aircraft customized by Finmeccanica to meet the program requirements. The aircraft were accepted in November 2015. This program premiers the first Civil Aviation Authority approved AW-189s operating in a SAR role.
"AAR has integrated a team of industry experts to deliver to the UK Ministry of Defence a sophisticated commercial SAR service fit for a military and civil application, the first operation of its kind," said Steven B. Harrison, President, AAR Airlift Group. "We are committed to providing a reliable, quality SAR service that maintains the standards of the Royal Air Force, as well as continued excellence for the commercial support helicopter services."
AAR Airlift Group provides expeditionary airlift services in support of contingency operations worldwide. The Company provides passenger and cargo transport, air ambulance, night vision operations, search and rescue (SAR), airdrop, and other special mission services. AAR Airlift Group includes Rotorcraft Services, a provider of engineering and design for rotorcraft modifications and completions, asset sales, component repair, life cycle support programs, and field maintenance. AAR Airlift’s fleet of fixed-wing and rotary-wing aircraft serves defense and NGO customers in Afghanistan, Africa, the Mediterranean, Indian Ocean and Western Pacific, and now the Falkland Islands. Since 2005, AAR Airlift Group has flown more than 242,000 hours, delivering over 302 million pounds of mail and cargo, and transporting more than 1.9 million passengers in remote and austere locations around the globe.
British International Helicopters (BIH) is the largest British-owned helicopter operator with a fleet of 25 principally owned helicopters employing over 150 personnel. The company has particular expertise in offshore operations and in the defence sector, operating the Flag Officer Sea Training (FOST) helicopter support programme for the Royal Navy and providing the Ministry of Defence with helicopter services in support of British forces in the Falklands. BIH also provides Police and Air Ambulance capability and utility/commercial helicopter charter services. Rigby Group plc, the ultimate holding company for BIH, was formed in 1975 and is the parent company for a portfolio of privately owned and highly successful businesses operating across Europe, the Middle East and North Africa.
ARS is a premier provider of Advanced Helicopter Operations training solutions and delivers response services worldwide to Search and Rescue, Law Enforcement, Fire Department, Military, Utility and Commercial Operators. The company is an FAA 133 Certificate holder and FAA 141 training school with a focus on 133 operations. ARS’s state-of-the-art flight training facilities offer single and twin-engine aircraft and mountain, urban and off-shore advanced helicopter training operations. As an ISO 9001: 2008 Manufacturer of Advanced Helicopter Operations Equipment, ARS designs and builds the most innovative and safety oriented helicopter response equipment available.
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.