AAR Receives FAA, CAAC Approval for 757-200 Interior Modifications
Innovative design services strengthens presence in Asia Pacific
SINGAPORE – AAR (NYSE: AIR) has received design approvals from the U.S. Federal Aviation Administration (FAA) and the Civil Aviation Administration of China (CAAC), China’s airworthiness authority, to perform custom interior modifications for Boeing 757-200 aircraft operated by Xiamen Airlines.
AAR’s design will modify the 757-200 aircraft into a three-class configuration by installing VIP first-class sections with lie-flat seats in the forward cabins, as well as business class seats. The cabin also will be modified to accommodate three classes.
“Once again, AAR has achieved FAA and CAAC approval on time and on budget through the efforts of our teams in Singapore and North America,” said Michael Leung, Director, AAR Engineering Services, Asia. “Accomplishing another successful program with Xiamen Airlines helps us to solidify our relationship with Xiamen and build our customer service base throughout Asia.”
The design was developed by AAR Engineering Services, where personnel managed the processes to obtain the FAA’s Supplemental Type Certificate (STC) and the CAAC’s Validation of Supplemental Type Certificate (VSTC) approvals. In addition, AAR provided Xiamen Airlines with integration engineering services and custom modification kits produced at AAR Aircraft Services in Indianapolis, Indiana, U.S.A. With support from AAR Engineers Services personnel, Xiamen Airlines completed interior modifications on two of its 757-200s at its maintenance facility at Xiamen Gaoqi International Airport.
“We want our customers and potential customers to know that AAR is truly invested in the region,” said Robert Laird, Vice President, Business Development, Asia Pacific. “AAR has expanded its capabilities to include every aspect of aircraft support and we look forward to providing more customers in the region with our broad range of maintenance, supply chain, manufacturing and engineering services.”
AAR Engineering Services provides a wide range of high-quality, cost-effective technical services, specializing in interior reconfigurations, structural and systems modifications, and avionics upgrades requiring FAA or other regulatory agency approvals
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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