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Press release

March 05, 2001

Joseph M. Gullion Joins AAR as Vice President of Strategic Planning & Acquisitions

WOOD DALE, Ill., /PRNewswire/ -- AAR (NYSE: AIR) announced today that Joseph M. Gullion, formerly president of Boeing Airplane Services, has joined AAR as vice president of strategic planning and acquisitions. In his new role, Gullion is responsible for identifying and developing new business ideas and strategic opportunities for the Company.

"We are delighted to have Joe join our leadership team," said David P. Storch, AAR president and chief executive officer. "His extensive experience and industry knowledge will allow him to identify and seize opportunities for the Company."

Gullion, 51, has over 30 years experience in the aviation industry, most recently as president of Boeing Airplane Services, a division of The Boeing Company. Previously he served as vice president of Global Sales, Marketing and New Business Development for AlliedSignal Aerospace.

AAR is the preeminent provider of products and value-added services to the worldwide aerospace/aviation industry. Products and services include proprietary inventory management and logistic support services, encompassing supply, repair and manufacture of spare parts and systems. Headquartered in Wood Dale, Illinois, AAR serves commercial and government aircraft fleet operators and independent service customers throughout the world. Further information can be found at www.aarcorp.com.

SOURCE AAR CORP.

 

CONTACT: Investor Relations, Dawn Kaiser of, 630-227-2098, or dkaiser@aarcorp.com

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