AAR Wheel and Brake Services Grabs 4th Top Shop Award
April 16, 2015
OneAero MRO recognizes excellence in customer support, turn times and pricing
MIAMI, April 16, 2015 – AAR (NYSE: AIR) announces that its Wheel and Brake Services business segment has earned a 2015 Top Shop Award from OneAero MRO. This is the fourth time since 2010 that AAR has been selected. Only 17 out of more than 500 repair centers listed on the OneAero MRO online database receive Top Shop recognition.
The winners were announced during the MRO Americas 2015 conference in Miami Beach. Awards were presented at a luncheon hosted by OneAero MRO on Monday at the Biltmore Hotel in Coral Gables, FL.
The Top Shop Award recognizes superior customer support, excellent turnaround times and competitive repair pricing in several categories of aviation maintenance, repair and overhaul (MRO).
AAR offers a complete range of landing gear, wheel and brake services, including repair, rebuilding and inspection, for all major aircraft types used in commercial, military and regional operations.
“The consistency of this award indicates the commitment and dedication our employees demonstrate on a daily basis,” said Jesus Banal, General Manager, Landing Gear Services, Wheel and Brakes, Miami. “Customer satisfaction and quality is what we strive for. And this recognition further demonstrates that we are moving in the right direction with our continuous improvement strategy.”
Wheel and Brake Services are part of AAR’s 1MRO service offerings, which include engineering and aircraft services delivered via a network of six aircraft repair stations in Miami; Duluth, Minn.; Indianapolis; and Oklahoma City.
Winners of the Top Shop award were nominated and selected by their peers in the aviation industry. OneAero MRO, a global leader in providing online marketing and support services to the aviation repair market, whittled the nominations to create a list of finalists, voted on by a panel of 20 airlines and suppliers around the world to select the 2015 winners.
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.