AAR Named a 2015 Most Valuable Employer for Military by CivilianJobs.com
May 6, 2015
WOOD DALE, Illinois, May 6, 2015 — AAR (NYSE: AIR) has earned a spot on the 2015 Most Valuable Employers for Military (MVE) list of U.S-based companies by CivilianJobs.com for the global aviation services company’s commitment to hiring military veterans.
Twenty percent of AAR’s employees are military veterans. The global aerospace and defense contractor is a leading independent provider of expeditionary airlift services for U.S. government and military customers. It offers a diverse portfolio of aviation services, including aircraft maintenance, aftermarket parts supply and repair, new parts distribution and programs to the world’s airlines, government and military customers.
AAR boosted its commitment to veterans last fall by becoming an equity partner in Rags of Honor, a Chicago-based apparel printing company founded specifically to put veterans to work.
“Success in our business requires integrity and a commitment to excellence. The skill sets and specialized training of military veterans align perfectly with our customers’ needs,” said AAR Vice President of Human Resources-Aviation Services, Nicole Colen. “It is an honor to be recognized as one of the top employers supporting jobs for the men and women who served our great nation.”
Marking the seventh year of its publication in 2015, the MVE recognition serves to help military-experienced job seekers and veterans identify the top employers to target for civilian careers. The MVEs are being recognized in May to honor Armed Forces Day, May 16.
The MVE award is open to all U.S.-based companies. Finalists are selected based on surveys in which employers outline their recruiting, training and retention plans that best serve military service members and veterans.
Winners will be recognized in the May issue of Military Transition News, CivilianJobs.com’s worldwide military base newspaper, and on the CivilianJobs.com Web site.
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, 2014. 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.