Fewer than 150 executives worldwide have been awarded the ACE designation

WOOD DALE, Illinois — AAR Chief Information Officer Kevin M. Larson joins the ranks of elite executives who have earned the Advanced Certificate for Executives in Management, Innovation, and Technology (ACE) from the prestigious Massachusetts Institute of Technology (MIT) Sloan School of Management. Receiving this certification demonstrates the kind of commitment to continuous professional development — at all levels of the organization — that helps AAR stay in front of ever-evolving business trends.

Larson, who leads the Company’s Information Technology team, ensures information flows effectively and efficiently between employees and its aerospace and defense customers around the world. Company clients include major airlines, aircraft OEMs, governments and military organizations.

“Our custom programs for supply chain, inventory management and aircraft maintenance enable AAR’s systems to match the business and technology requirements for each client — an integrated approach that ensures effective interfaces for our customers and partners,” Larson said. “The MIT Sloan executive certificate programs have strengthened my vision for building, leading, and sustaining an innovative organization that addresses the needs of our business partners while meeting AAR’s corporate goals and objectives.”

Larson earned Executive Certificates in three disciplines: Management and Leadership; Strategy and Innovation; and Technology, Operations and Value Chain Management. This training strengthens his ability to provide leadership for large-scale projects, as well as introduce new strategies that capitalize on the significant ways in which rapidly evolving forms of information, technology, and global networks are transforming today’s business.

Peter Hirst, Executive Director of MIT Sloan Executive Education, noted, “Thousands of executives from around the world come to MIT Sloan each year to further their business knowledge and stay abreast of the latest developments in management thinking, but few demonstrate the serious commitment to continuous learning required to earn an Advanced Certificate for Executives. We are delighted to recognize this achievement and welcome Mr. Larson to the MIT family.”

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.

Media Team
Corporate Marketing & Communications

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.