AAR Expands its AOG Global Support for Airline Customers
July 23, 2018
WOOD DALE, Illinois, July 23, 2018 – AAR (NYSE: AIR), a global provider of aviation services to commercial airlines, has expanded its AOG customer support in London-Gatwick and Chicago to empower customer operational excellence. The expansion enables AAR to provide instant solutions, including part sales, exchanges and loans supported from a global warehouse network with locations in Chicago (near O’Hare International Airport); Hannover, Germany; Brussels; Singapore; Dubai; and Shanghai.
Commercial customers can access a critical response team 24/7worldwide through:
“SR Technics has been a longstanding customer of AAR for sales, exchanges and outright transactions. Especially since the re-launch of the AOG support, we have seen a positive change in the RFQ response and purchase order processing time,” said Daniel Koehler, AOG Desk Manager for SR Technics. “We would like to thank AAR for the good collaboration and look forward to continuing our partnership.”
“Airlines make money by keeping aircraft in the sky, not on the ground,” said Sal Marino, Vice President of Parts Supply for AAR. “So when a problem occurs, our AOG desk is ready to provide just-in-time solutions so our customers can stay in the air safely flying passengers and cargo around the world.”
AAR delivers solutions in line with customer requested service through both competitive response times and dispatch times from order to receipt. The AOG team provides world-class support and no customer is too small or big for AAR to accommodate in their time of need.
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, 2017. 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.