AAR to Announce Second Quarter 2003 Results on December 19

WOOD DALE, Ill., /PRNewswire-FirstCall/ -- AAR (NYSE: AIR) today announced that it will release financial results for its second quarter of Fiscal 2003 ended November 30, 2002, before the market opens on Thursday, December 19.

At 10:30 a.m. CST, AAR will hold a conference call to discuss the results. The conference call can be accessed via dial-in (1-719-457-2665; conference code 788192). A replay of the call will be available (1-719-457-0820; conference code 788192) from approximately 1 p.m. CST on December 19 until Midnight, on Thursday, December 26, 2002.

AAR (NYSE: AIR) 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: Dawn Kaiser, Director of Finance and Investor Relations of AAR, +1-630-227-2098, dkaiser@aarcorp.com