AAR Highlights 1MRO, Diverse Capabilities at Aviation Week MRO Americas Conference
Aerospace leader exhibits and presents at top forum for aviation professionals
ATLANTA – Aerospace industry leader AAR (NYSE: AIR) is showcasing its uniquely diverse portfolio of products and services for commercial, military and government customers during the Aviation Week MRO Americas 2013 conference, which opened today through Friday, April 18 in Atlanta.
Building its 1MROSM network across five cities in less than a decade, AAR has marshaled the resources to satisfy a vast array of aircraft needs, whether maintenance, engineering, supply chain or logistics. AAR’s 1MRO approach creates a seamless experience for customers, providing convenience, a familiar framework and consistent results. Most recently, AAR opened its northernmost MRO facility in Duluth, Minnesota, last November, complementing facilities in Indianapolis, Miami, Oklahoma City and Hot Springs, Arkansas.
Connecting its nationwide 1MRO network is an integrated information technology system that streamlines tracking, quality assurance and completion of projects across its MRO facilities. AAR’s IT system interfaces easily with most airlines’ systems, allowing customers to navigate within a familiar framework.
“AAR simultaneously offers flexibility and integration,” said Dany Kleiman, Aviation Services Group Vice President – Repair and Engineering. “It’s a formidable formula that our teams have worked diligently to achieve to provide improved support for customers. We’ll be elaborating on that in Booth 3321 at the Georgia World Congress Center.”
In addition to heavy maintenance, AAR is showcasing its cost-effective landing gear and component repair services, airframe, engine and parts supply services, and engineering innovations that range from modifying existing systems to designing new ones. AAR also offers a full range of MRO, logistics, cargo and transport products, services and systems for government and defense customers.
Breadth and depth allow AAR to customize solutions for a variety of fleet types and operational challenges, enhancing efficiency for airlines.
“Customers know they can count on top-notch, tailored and timely results whatever and wherever work is performed,” Kleiman said.
Through a series of strategic acquisitions and initiatives in recent years, AAR has become the largest independent provider of airframe maintenance in North America. Its growth is evidenced by an increase in man hours, from 3.1 million to over 4.5 million annually in the past two years.
AAR was voted the Best Airframe MRO Provider — The Americas in 2012, based on a survey of industry professionals by UBM Aviation, a leading provider of global aviation intelligence. AAR is a finalist for the same award this year. AAR also has been named Aircraft Parts Supplier of the Year in an independent survey of 11,000 airline executives and industry professionals.
At the Aviation Week MRO conference, AAR is serving on two Logistics & Supply Chain panels, one discussing “How to Effectively Use Incentives and Penalties in the Supply Chain” and another on “Trends in Supply Chain Management,” which Jack Arehart, Co-Chief Commercial Officer for AAR, will moderate.
On the MRO Military side, a panel on “Disruptive Innovation: How Emerging Innovations Can Drive Greater Defense Affordability” will be moderated by AAR’s senior vice president of Government and Defense Business Development, Lt. Gen. (Retired) Don Wetekam.
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.
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.
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