AAR Names Brian Sartain Senior Vice President, Repair and Engineering Services
January 30, 2018
Industry vet will work with customers on integrated aviation services solutions
WOOD DALE, Illinois, January 30, 2018 – Global aviation services leader AAR (NYSE: AIR) announces that Brian Sartain has joined AAR in the new position of Senior Vice President, Repair and Engineering Services, reporting to President and Chief Operating Officer John M. Holmes. In this senior leadership role, Sartain will oversee AAR’s MRO Services, Component Repair, Engineering Services, Landing Gear Services and Composites market solutions.
“Brian is an accomplished leader in the aviation industry. We are looking forward to the expertise and leadership he will bring to further integrating the breadth of repair and engineering services that AAR provides to customers across our global network,” said Holmes.
Sartain has more than 25 years of aerospace experience, most recently as Executive Vice President, Aerospace, with Chromalloy Gas Turbine, a global technology company providing integrated solutions for OEMs, commercial airlines, militaries and energy companies. Prior to Chromalloy, Sartain was Vice President, Business Development – Sensors & Integrated Systems at United Technologies Aerospace Systems (UTAS), and Vice President and General Manager of several businesses with the Goodrich Aerospace Corporation.
“AAR is uniquely positioned to provide nose-to-tail aviation services and has a proven history of anticipating and meeting customers’ needs. I am excited to help AAR bring these capabilities together to provide additional value to customers, meet the needs of new-generation aircraft, and contribute to the Company’s continued success in both the commercial and government sectors,” said Sartain.
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.