AOG Investors OPS Portal PAARTSSM Store
X Facebook Instagram Linkedin YouTube

Press release

September 26, 2002

AAR Awarded Support Contracts With Alaska Airlines And Midwest Express Airlines

WOOD DALE, Ill., /PRNewswire-FirstCall via COMTEX/ -- AAR (NYSE: AIR) announced today that the Company was recently awarded two long-term support contracts.

AAR Aircraft Services has signed a 28-month agreement with Alaska Airlines for the opportunity to provide heavy maintenance services for its fleet of MD-80 and B737 series aircraft. Alaska Airlines is the nation's ninth largest carrier with a fleet of 102 aircraft, celebrating its 70th anniversary this year. Under the long-term contract, AAR will provide heavy maintenance functions, including light and heavy C checks, modifications, aircraft upgrades and exterior and interior refurbishment services.

Additionally, Midwest Express Airlines, Inc. has entered into a five-year contract with AAR Landing Gear Services to provide landing gear support of its fleet of DC-9 and MD-80 series aircraft. Under the contract, AAR will perform scheduled and unscheduled landing gear exchange and overhaul services for the carrier's 34 aircraft.

"We appreciate the confidence Alaska and Midwest Express Airlines have shown in AAR by awarding us these contracts," said David P. Storch, AAR president and chief executive officer. "Our goal is to create maintenance solutions geared toward helping our customers improve service and lower operating costs."

AAR is the leading provider of aftermarket support to the worldwide aviation/aerospace industry. Products and services include customized inventory management and logistics programs, 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 http://www.aarcorp.com.

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. 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, depending on a variety of factors, including: implementation of information technology systems, integration of acquisitions, marketplace competition, economic and aviation/aerospace market stability and Company profitability. 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.

SOURCE AAR CORP.

CONTACT: Dawn Kaiser, Director, Finance and Investor Relations of AAR, +1-630-227-2098, or dkaiser@aarcorp.com

Related news

See all SeeAll

Press release

November 12, 2024

AAR signs new engine parts supply agreement with Chromalloy

Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, is pleased to announce the signing of a multi-year engine parts supply agreement to distribute Chromalloy’s Parts Manufacturer Approval (PMA) parts for the CF6-80C2 engine high pressure turbine (HPT) Stage 1 and Stage 2 turbine blades. Under the agreement, AAR will be the exclusive distributor of these two PMA blades to the global aftermarket with limited account coverage exclusions, due to Chromalloy’s pre-existing customer agreements.

Press release

November 11, 2024

AAR earns 2025 Military Friendly® Employer and Spouse Employer designations

Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today that it has earned the 2025 Military Friendly® Gold Employer designation and Military Friendly® Spouse Employer designation.

AAR Doing It Right logo

Press release

September 26, 2024

AAR awarded five-year P-8A Poseidon engine overhaul contract by U.S. Navy

Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has been awarded a five-year indefinite delivery / indefinite quantity contract with an aggregate ceiling value of approximately $1.2 billion by the U.S. Navy’s Naval Air Systems Command (NAVAIR) to perform engine depot maintenance and repair for its P-8A Poseidon Aircraft fleet. This new award follows a recently announced award under which AAR will continue to perform P-8A airframe maintenance for the U.S. Navy.

AOG Investors OPS Portal PAARTSSM Store
logo

Our products

Airframe parts Engine solutions Distribution Mobility Systems AOG Contact nowContact
logo

Our services

Repair & Engineering

Airframe MRO Landing Gear Overhaul Component Services Wheels and Brakes Engineering Services

Integrated Solutions

Flight-hour support Consumables and Expendables Airinmar® Trax(SM)

Additional services

Sourcing, purchasing, and remarketing ASTRO Government contract vehicles
logo

About

Our CompanyOur Company

Locations Certifications Digital innovation

Doing It Right®Doing It Right®

Sustainability  Ethics and compliance

LeadershipLeadership

logo

Careers

US job openings Amsterdam job openings Thailand job openings Trois Rivières - Canada job openings United Kingdom job openings Windsor - Canada job openings
Employee experience Diversity, equity, and inclusion Military veterans EAGLE Pathway Program
logo

Newsroom

News Media resources
2024 Annual Report 2023 ESG Summary Report