AOG Investors OPS Portal PAARTSSM Store
Twitter Facebook Instagram Linkedin YouTube

Press release

August 02, 2004

AAR Announces Strike at Its Cadillac, Michigan Operation

WOOD DALE, Ill., /PRNewswire-FirstCall/ -- AAR CORP. (NYSE: AIR) announced today that a strike has been called by Local 1433 of the International United Automobile, Aerospace and Agricultural Implement Workers of America (UAW) at the Company's AAR Mobility Systems Operating unit in Cadillac, Michigan.

The Union called the strike after its membership failed to ratify an agreement reached between AAR Mobility Systems management and the Union negotiating committee, which includes both local and international Union leadership representatives.

"The strike was unexpected as the agreement was unanimously approved by both the Union Local 1433 and international Union leadership representatives," said David P. Storch, President and CEO of AAR CORP. "We remain absolutely committed to maintaining positive relations with our all of our employees. In light of the Union membership's decision, we now need to take steps to ensure our ability to keep the commitments we've made to our customers."

Unless an agreement is reached quickly, the Company anticipates that the strike will have a negative effect on first quarter results but it will recover the sales and earnings over the balance of the year with no long-term loss of business. The facility will continue to operate using salaried and contract employees to enable it to meet its customer commitments.

AAR Mobility Systems manufactures containers, shelters and pallets for military customers and prime contractors. AAR CORP. 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.

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, including those factors discussed under Item 7, entitled "Factors Which May Affect Future Results", included in the Company's May 31, 2003 Form 10-K. 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. These events and uncertainties are difficult or impossible to predict accurately and many are beyond the Company's control. The Company assumes no obligation to publicly release the result of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. For additional information, see the comments included in AAR's filings with the Securities and Exchange Commission.

SOURCE AAR CORP.

CONTACT: Chris Mason, Director of Corporate Communications of AAR, +1-630-227-2062, chris.mason@aarcorp.com

Related news

See all SeeAll

Press release

May 22, 2023

AAR names Tom Hoferer Vice President of Repair and Engineering Services

Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today it has selected Tom Hoferer as its Vice President of Repair and Engineering Services. In this role Hoferer will oversee the Company’s Maintenance, Repair, and Overhaul (MRO) Services and Mobility Systems operations.

Press release

March 29, 2023

AAR to acquire nine Boeing 757-200 passenger aircraft equipped with 18 Rolls-Royce RB211 engines

Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced its subsidiary AAR Supply Chain will acquire nine Boeing 757-200 passenger aircraft equipped with 18 Rolls-Royce RB211 engines from American Airlines.

Press release

March 27, 2023

AAR signs distribution agreement with Cloud Cap Technology, a Collins Aerospace Mission Systems business

Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced a distribution agreement with Cloud Cap Technology, a Collins Aerospace Mission Systems business.

AOG Investors OPS Portal PAARTSSM Store
logo

Our products

Airframe parts Engine solutions OEM Solutions Mobility Systems AOG Contact nowContact
logo

Our services

Airframe Maintenance Landing Gear Services Component Repair Services Wheels and Brakes Services Engineering Services
Flight-hour support Consumables and Expendables Aircraft sales and leasing Airinmar® Trax
ASTRO Government contract vehicles
logo

Digital innovation

AARIVE® The PAARTSSM Store Airvolution® Trax
logo

About

Locations Certifications Doing It Right®

LeadershipLeadership

Corporate Officers Senior Leaders Board of Directors

Environmental, social, and governanceEnvironmental, social, and governance

Ethics and compliance
logo

Careers

JobsJobs

US job openings Amsterdam job openings Trois Rivières job openings United Kingdom job openings Windsor job openings

Working at AARWorking at AAR

Employee experience Diversity, equity, and inclusion Military veterans

StudentsStudents

EAGLE Career Pathway Program
logo

Newsroom

AAR in the news AAR news Press releases Media resources
2022 Annual Report 2022 ESG Report Senior leaders Events