March 04, 2013
AAR Showcases its Rotorcraft Products and Services at Heli-Expo
Diverse capabilities provide efficiencies for commercial, defense, OEMs
WOOD DALE, Illinois — AAR (NYSE: AIR) is showcasing its diverse products, services and capabilities for helicopter manufacturers and operators at the Heli-Expo, 2013 trade show March 4-7 in Las Vegas.
Widely recognized for its support of fixed-wing aircraft, AAR is focusing on the rotary-wing market during Heli-Expo, the world’s largest helicopter trade show and exposition. AAR’s exhibition showcases the Company’s broad array of capabilities that range from machining and fabrication to modifications and aftermarket support. AAR’s presence at Heli-Expo is anchored by the Company’s Airlift division, which serves as the No. 1 independent provider of expeditionary airlift in Afghanistan.
“AAR has nearly 60 years of experience helping manufacturers and operators of all types of aircraft achieve more with less,” said Timothy J. Romenesko, AAR’s President and Chief Operating Officer. “Our businesses have extensive technical knowledge and experience designing custom solutions for the rotorcraft market and, as an operator of helicopters in harsh and remote environments; we have developed programs and processes that enhance readiness, reliability and asset utilization.”
AAR’s diverse capabilities for rotorcraft manufacturers and operators include:
- Supply chain and logistics support
- Component repair and overhaul
- Parts and distribution
- Maintenance and modifications
- Engineering and technical support
- Cargo handling systems
- Precision machined components
- Composite materials and structures
- Shelters, containers and pallets
- First-response communications systems
AAR was named the Best Aircraft Maintenance, Repair and Overhaul (MRO) Provider in the Americas, Aircraft Parts Supplier of the Year and is ranked among the Top 100 Defense Contractors in the world.
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.
Contact
Media Team
Corporate Marketing & Communications
+1-630-227-5100
Editor@aarcorp.com
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 announces pricing of public offering of 3,000,000 shares of common stock
Wood Dale, Illinois – AAR CORP. (“AAR” or the “Company”) (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today the pricing of an underwritten registered public offering of 3,000,000 shares of its common stock at a public offering price of $83.00 per share. The underwriters have a 30-day option to purchase up to an additional 450,000 shares from the Company at the public offering price. The Company estimates that the net proceeds from the offering, after deducting the underwriting discounts and commissions, will be approximately $239.0 million, or $274.9 million if the underwriters exercise their option to purchase additional shares in full. The shares are expected to be delivered on or about October 2, 2025, subject to customary closing conditions.
