AAR to Announce Third Quarter 2002 Results on March 20

WOOD DALE, Ill., /PRNewswire-FirstCall via COMTEX/ -- AAR (NYSE: AIR) today announced that it will release financial results for its third quarter of Fiscal 2002 ended February 28, 2002, before the market opens on Wednesday, March 20.

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 557107). A replay of the call will be available (1-719-457-0820; conference code 557107) from approximately 1 p.m. on March 20 until 12 a.m. on Tuesday, March 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, Finance and Investor Relations of AAR, +1-630-227-2098, dkaiser@aarcorp.com