AAR Expands Global Logistics Operations, Establishes Unison Parts Distribution in Europe
Company expands logistics footprint to better serve European customers
WOOD DALE, ILLINOIS — AAR (NYSE: AIR) has expanded its distribution network for original Unison aerospace components to better serve aircraft operators and repair facilities in Europe.
AAR, an exclusive supplier of aerospace parts for the Unison distribution channel, is adding inventory at its European Distribution Center located near Amsterdam Schipol Airport. The new inventory includes turbine ignition systems, engine-dedicated alternators, sensors, switches and wiring harnesses.
The program and new distribution hub are being managed by AAR Distribution, which operates as part of AAR’s Allen Asset Management division. The program leverages AAR’s global reach and extensive experience providing supply chain, component repair and parts distribution services to the commercial aviation industry.
“AAR is ensuring that customers everywhere have fast, easy access to genuine Unison parts,” said John Holmes, Division President, AAR Allen Asset Management. “The European Distribution Center is an important hub within our global supply chain network that efficiently and effectively supports the international aviation community.”
AAR is a global aftermarket solutions company that employs more than 6,000 people in over 20 countries. Based in Wood Dale, Illinois, AAR supports commercial aviation and government customers through two operating segments: Aviation Services and Expeditionary Services. AAR’s Aviation Services include inventory management; parts supply; OEM parts distribution; aircraft maintenance, repair and overhaul; engineering services and component repair. AAR’s Expeditionary Services include airlift operations; mobility systems; and command and control centers in support of military and humanitarian missions. More information can be found at www.aarcorp.com.
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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 1A, entitled “Risk Factors”, included in the Company’s Form 10-K for the fiscal year ended May 31, 2018. 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 update 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.
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