April 17, 2002
AAR Names New Director - James E. Goodwin
WOOD DALE, Ill., /PRNewswire-FirstCall via COMTEX/ -- AAR (NYSE: AIR) announced today that its Board of Directors elected James E. Goodwin, retired Chairman and Chief Executive Officer of UAL Corp., as a new board member increasing its number of Directors to 9.
Mr. Goodwin was employed by United for over 34 years and served in numerous leadership positions prior to becoming Chairman and Chief Executive Officer in July, 1999. He currently serves on the boards of trustees of Lewis University and Salem International University and is a board member of several business and civic organizations.
"During his 34-year career with United, Jim served in numerous capacities culminating in the Chairmanship", said David P. Storch. "Based on his business experience and leadership skills, I am counting on Jim to make a significant contribution to our Board, providing invaluable industry insight as we look to enhance our Company's position in the aviation services industry."
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: Timothy J. Romenesko, Vice President, Chief Financial Officer, of AAR, +1-630-227-2090, tromenesko@aarcorp.com
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- Acquisition significantly enhances AAR’s scale, margins, and cash flow profile
- Adds more than $1 billion in revenue supporting blue-chip, U.S. airline customers
- Expands AAR’s consolidated adjusted EBITDA margins[1] from approximately 12% to 16%, before synergies
- Expected to be accretive to adjusted EPS in the first full fiscal year post closing
- Updating AAR’s adjusted EBITDA margin target to approximately 19% to 20% within three to four years
WOOD DALE, Illinois — AAR CORP. (NYSE: AIR) (the “Company” or “AAR”), a leading Parts, Repair, and Software platform in the aviation aftermarket, today announced it has entered into a definitive agreement to acquire a 65% controlling interest in MRO Holdings at an implied enterprise value of $4.0 billion.
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Wood Dale, Illinois, September 28, 2026 — AAR CORP. (NYSE: AIR) (the “Company” or “AAR”), a leading parts, repair, and software platform in the aviation aftermarket, reported today financial results for the fiscal year 2027 first quarter ended August 31, 2026.
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AAR to announce first quarter fiscal year 2027 results on September 29, 2026
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), the leading parts, repair, and software platform in the aviation aftermarket, today announced that it will release financial results for its first quarter of fiscal year 2027, ended August 31, 2026, after the close of the New York Stock Exchange trading session on Tuesday, September 29, 2026.
