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Press release

February 21, 2024

Airinmar signs extension of aircraft warranty and value engineering services with Philippine Airlines

BERKSHIRE, England — AAR (NYSE: AIR) subsidiary Airinmar, a leading independent provider of component repair cycle management and aircraft warranty solutions, has signed a multi-year support services extension with Philippine Airlines (PAL).

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Press release

February 21, 2024

Airinmar signs extension of aircraft warranty and value engineering services with Philippine Airlines

BERKSHIRE, England — AAR (NYSE: AIR) subsidiary Airinmar, a leading independent provider of component repair cycle management and aircraft warranty solutions, has signed a multi-year support services extension with Philippine Airlines (PAL).

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Press release

February 20, 2024

Trax announces agreement to provide its eMRO and eMobility software and other cloud services to Archer Aviation

Miami – Trax, a leading global provider of paperless aviation maintenance and engineering software products, announced that it has entered into an agreement with leading electric aviation  company, Archer Aviation. Archer will leverage Trax’s web-based enterprise eMRO system and eMobility apps and Trax’s cloud hosting services to manage its planned electric air taxi operations.

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Press release

February 14, 2024

AAR Prices Upsized Offering of Senior Notes to Finance Triumph Product Support Acquisition

Wood Dale, Illinois – AAR CORP. (“AAR” or the “Company”) (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, announced today that AAR Escrow Issuer, LLC, a wholly owned, unrestricted subsidiary of the Company (the “Escrow Issuer”), has successfully priced its offering of $550 million aggregate principal amount of 6.750% senior notes due 2029 (the “Notes”).  The offering was upsized to $550 million from the original offering size of $500 million in aggregate principal amount of Notes. The Notes will bear interest at a fixed annual rate of 6.750% and will mature on March 15, 2029. The offering is expected to close on March 1, 2024, subject to customary closing conditions.

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AAR finding solutions to nationwide aircraft mechanic shortage

AAR in the news

February 14, 2024

Eyewitness News WTVO WQRF

AAR finding solutions to nationwide aircraft mechanic shortage

Aircraft Parts Industry Adapts to New Challenges

AAR in the news

January 26, 2024

AVIATIONPROS

Aircraft Parts Industry Adapts to New Challenges

GATX Corporation adds John Holmes to Board of Directors

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