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Press release

December 14, 2006

AAR to Announce Second Quarter 2007 Results on December 20

WOOD DALE, Ill., /PRNewswire-FirstCall/ -- AAR (NYSE: AIR) today announced that it will release financial results for its second quarter of Fiscal Year 2007, ended November 30, 2006, before the market opens on Wednesday, December 20, 2006.

At 10:30 a.m. CST, AAR will hold a conference call to discuss the results. The conference call can be accessed by calling 866-793-1344 from inside the U.S. or 703-639-1315 from outside the U.S.

A replay of the conference call will also be available by calling 888-266-2081 from inside the U.S. or 703-925-2533 from outside U.S. (access code 1008742). The replay will be available from 1:30 p.m. CST on December 20, 2006 until 11:59 p.m. CST on December 27, 2006.

AAR is a leading provider of products and value-added services to the worldwide aviation/aerospace industry. With facilities and sales locations around the world, AAR uses its close-to-the-customer business model to serve airline and defense customers through four operating segments: Aviation Supply Chain; Maintenance, Repair and Overhaul; Structures and Systems and Aircraft Sales and Leasing. More information can be found at http://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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