AAR Ramps Up Parts Availability in Europe
Increased stock at Amsterdam distribution hub will save customers time and money
AMSTERDAM — AAR, a global leader in the supply and repair of component parts for the aviation industry, is expanding its parts inventory for the European market, reducing lead times and shipping costs for its customers.
The company’s main distribution center in Amsterdam will carry an increased stock of high-demand airframe and engine-related components, along with bulky, difficult-to-move items such as aircraft surfaces and nacelles. With more parts on hand locally, this move will ensure that customers can be supported quickly and more economically for their spare parts and inventory needs. The distribution center, located near Amsterdam Schipol Airport, has direct air and road links to many of AAR’s customers in the European Union, the Balkans and former Commonwealth of Independent States countries.
The center will also be able to better supply AAR’s Aircraft Component Services repair station in nearby Hoofddorp, Netherlands, where the Company repairs and overhauls an increasing amount of components on the Airbus, Boeing, Bombardier, Fokker, ATR, and Embraer aircraft lines. The Amsterdam center itself provides airframe and engine component repair work. With the increased inventory, “we can forward exchange a component out of the Amsterdam location and clients can send core repairs there,” said Carl Glover, Vice President Sales for AAR’s Aviation Supply Chain Group — Europe, Middle East and Africa.
“The Amsterdam center is an important hub within our local and global supply-chain network that efficiently and effectively supports our valued customers,” added Glover. “The facility now provides for shorter delivery times and greater local access to rotable products and genuine OEM-traceable inventory. With proximity to Schiphol Airport we can offer timely solutions to our customers throughout Europe, the CIS and even further afield.”
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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