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Press release

November 29, 2006

AAR CORP. to Present at Credit Suisse 2006 Aerospace And Defense Conference

WOOD DALE, Ill., /PRNewswire-FirstCall via COMTEX News Network/ -- David P. Storch, Chairman, President and Chief Executive Officer of AAR CORP. (NYSE: AIR), will address the Credit Suisse 2006 Aerospace and Defense Conference on Tuesday, December 5, 2006, in New York City from 4:15 p.m. - 5:00 p.m. Eastern Time.

A live audio webcast and slide presentation will be available on the company's website at http://www.aarcorp.com in the Investor Relations section under Events and Presentations. Following the conference, the archived webcast will be available for replay on the company's website for 90 days.

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.

Timothy J. Romenesko, Vice President, Chief Financial Officer of AAR, +1-630-227-2090, tromenesko@aarcorp.com

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