AAR to Showcase Growing Global Presence & New Look at Paris Air Show
June 19, 2017
Aftermarket leader to grow relationships at one of the world’s premier aviation exhibitions
PARIS, June 19, 2017 – AAR, an independent provider of aviation services to airlines, OEMs, MROs and governments worldwide, arrives at the Paris Air Show (Booth #3A-132 in the U.S. Pavilion) with a new look and growing market reach across Europe, Latin America, Asia, Africa and the Middle East.
Integrated Supply Chain Solutions
Over the past year, AAR has significantly expanded its power-by-the-hour (PBH) and flight-hour component support of commercial airlines outside North America, growing from 12 to 32 programs, with more than 1,300 aircraft under contract. AAR’s new international sales team based in Gatwick, England has signed new PBH contracts in every major region—Europe (Enter Air, ASL, Small Planet ); Middle East (flydubai); Australasia (Air New Zealand); Asia (IBEX); Africa (fastjet); and South America (Viva LatinAmerica group).
The supply chain innovator has enhanced its services to customers with new warehouses in Dubai World Central (DWC) Airport and Shanghai, as well as an enhanced online customer portal that allows real-time visibility on parts. AAR’s award-winning component repair shops network in New York and Amsterdam has expanded to Australasia under a new partnership with Air New Zealand component repair. And AAR’s offerings include component repair cycle management through its subsidiary Airinmar.
Already one of the industry’s leading parts suppliers, AAR added to its portfolio of new and serviceable parts by acquiring ACLAS’ ATR parts inventory and establishing a new ATR sales office in West End, UK and will be meeting with ATR operators at the show.
OEM Aftermarket Services
To help OEMs better access the commercial and government parts aftermarket, AAR has formednew partnerships with OEMs including Milton, Eaton, UTC and Crane that can now leverage AAR’s global sales network and online parts store to increase revenues, as well as gain expertise in working with DLA, ITAR and government contracts.
Government Services & Products
AAR has been a trusted partner of government and military customers worldwide and is uniquely suited to apply commercial best practices to help operate more efficiently, particularly in times of reduced budgets. AAR Airlift Group provides world-class expeditionary services for government, operating a diverse fleet of rotary-wing and regional turboprop aircraft to transport passengers and cargo in Afghanistan and Africa, and execute search and rescue (SAR) off the Falkland Islands. AAR Mobility Systems also supports military operations by designing, manufacturing, and integrating its industry-leading containers and shelters, which can also be used by medical, emergency and other commercial industries.
To better reflect its industry-leading services and worldwide presence, AAR is debuting a new logo and brand strategy. AAR continues to provide “best-in-class” solutions and remains nimble because it has a strong balance sheet but is not part of an airline or OEM. The solutions integrator plans to raise awareness of its unique ability to be a single supplier for operators seeking components, airframe, landing gear and component repair, as well as component inventory support - providing total support from nose to tail.
Visit AAR at Booth #3A-132 in the American Pavilion to speak with our subject matter experts, who represent every facet of AAR’s diverse global operations including:
John Holmes, President & Chief Operating Officer
Chris Jessup, Chief Commercial Officer
Sal Marino, Vice President of Parts Supply
Eric Young, Vice President, OEM Aftermarket Solutions
Deepak Sharma, President, Integrated Supply Chain Solutions – Commercial
Paul Richardson, Vice President, EMEA
Cheryle Jackson, Senior Vice President, Global Development & President, Africa
Rahul Shah, Senior Vice President, Middle East
Pascal Parant, Vice President, France
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, 2016. 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.