AAR named again to Forbes ‘America’s Best Midsize Employers’ for 2019
May 3, 2019
WOOD DALE, Illinois — AAR (NYSE: AIR), a leading aviation services provider to commercial airlines and governments worldwide, has been named to Forbes’ list of “America’s Best Midsize Employers” for 2019. This is the second consecutive year that AAR has been chosen for this award, which is based on an independent survey conducted by Statista polling over 30,000 U.S. employees.
“We are very excited to once again be named as one of America’s Best Midsize Employers. Our team is the foundation of everything we do at AAR,” said John M. Holmes, AAR President & CEO. “I am fortunate to work with such a talented group of people who share the same dedication to AAR’s core philosophy of ‘Doing It Right’ which guides every one of us every day.”
In the United States, AAR currently employs over 4,000 people, primarily aircraft maintenance mechanics, and has a total global workforce of approximately 6,000 people around the world.
“AAR has been able to retain the personal and engaged culture of a small company even as we have grown globally,” said Holmes. “Every business unit is connected and encouraged to share ideas on shaping our company’s operations, efficiency and work environment. We also provide expansive development opportunities to empower every team member to grow within the company.”
To build and retain the best team in aviation, AAR invests in its employees’ professional growth and promotes from within. The company provides tuition reimbursement for continued education and certification, employee mentorship programs, learning development sessions, networking events, and frequent opportunities to directly connect with leadership.
Additionally, AAR offers competitive pay and a full range of insurance benefits, including medical, dental, vision, life, workers’ compensation, as well as a 401(k) plan, company-paid holidays and generous paid time off.
AAR is based in the Chicago area and has service facilities in Illinois, Florida, Indiana, Michigan, Minnesota, Oklahoma, as well as operations worldwide. To join the best team in aviation, visit aarcorp.com/careers.
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, 2018. 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.