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Press release

June 30, 2011

AAR to Announce Fourth Quarter and Fiscal Year 2011 Results on July 6, 2011

WOOD DALE, Ill., /PRNewswire via COMTEX/ -- AAR (NYSE: AIR) today announced that it will release financial results for its fourth quarter and fiscal year 2011, ended May 31, 2011, after the market closes on Wednesday, July 6, 2011.

On Thursday, July 7, 2011, at 7:30 a.m. CDT, AAR will hold a conference call to discuss the results. The conference call can be accessed by calling 866-206-6900 from inside the U.S. or 703-639-1110 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 the U.S. (access code 1539530). The replay will be available from 11:30 a.m. CDT on July 7, 2011, until 11:59 p.m. CDT on July 14, 2011.

AAR is a leading provider of products and value-added services to the worldwide aerospace and government and defense industries. With facilities and sales locations around the world, AAR uses its close-to-the-customer business model to serve aviation, government and defense customers through four operating segments: Aviation Supply Chain; Government and Defense Services; Maintenance, Repair and Overhaul; and Structures and Systems. More information can be found at www.aarcorp.com.

Named One of the Most Trustworthy Companies by Forbes.

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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.

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

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