October 07, 2013
AAR Announces Enhanced Fuel Systems Testing Capabilities
Newly installed system replicates conditions, complexities surrounding next-generation aircraft
GARDEN CITY, New York – AAR (NYSE: AIR) announces it now uses a Bauer Inc. Fuel Component Test System capable of evaluating a wider range of commercial and military fuel products. The new technology allows the facility to replicate engine fuel demands and flow rates specified in testing requirements for a variety of fuel flow instruments installed in current and next-generation aircraft engines and fleets.
The dynamic, modular design of the test system lends itself to components that integrate with a wide variety of engine systems, from smaller regional power plants up to and including the GE90 engine by General Electric installed on the Boeing 777 series of aircraft. The technology also ensures AAR can support the next generation of 787s, A350s and other platforms.
The new fuel system testing capability is part of a broad range of component repair, overhaul and exchange services offered by AAR through its Aircraft Component Services facilities in New York and Amsterdam.
“The system is user-friendly and dynamic,” said Pastor Lopez, Vice President, Aircraft Components and Landing Gear Services. “In fact, one of our customers was able to walk through a component test series alongside an AAR engineer with full understanding of what was happening inside the test bench. We’re excited about the services we can offer with this leading-edge system from Bauer.”
AAR offers a wide variety of aviation services that include aircraft maintenance, repair and overhaul, and supply chain capabilities for commercial airlines, defense agencies and OEMs. AAR Aircraft Component Services has been recognized for excellence by Boeing and as an “Outstanding Source of Repair” by NATO for its component repair services.
About AAR
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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AAR reports first quarter fiscal year 2024 results
Wood Dale, Illinois, September 26, 2023 — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today reported first quarter fiscal year 2024 consolidated sales of $549.7 million and loss from continuing operations of $0.6 million, or $0.02 per diluted share. For the first quarter of the prior year, the Company reported sales of $446.3 million and income from continuing operations of $22.3 million, or $0.62 per diluted share.
September 20, 2023
AAR signs exclusive foreign military distribution agreement with Pall Corporation
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed an exclusive multi-year foreign military distribution agreement with Pall Corporation.
September 12, 2023
AAR to announce first quarter fiscal year 2024 results on September 26, 2023
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it will release financial results for its first quarter of fiscal year 2024, ended August 31, 2023, after the close of the New York Stock Exchange trading session on Tuesday, September 26, 2023.
