AAR’s 1MRO Network Streamlines Aircraft Maintenance and Modification
Aerospace industry leader offers integrated repair, engineering, IT, parts services at 5 sites nationwide
WOOD DALE, Illinois – Aerospace industry leader AAR (NYSE: AIR) is delivering new efficiencies and capabilities to its commercial airline customers via its 1MRO service delivery network, which integrates technology with maintenance and engineering protocols across five maintenance, repair and overhaul (MRO) facilities nationwide.
AAR opened its northernmost MRO facility in Duluth, Minnesota, last November, complementing facilities in Indianapolis, Miami, Oklahoma City and Hot Springs, Arkansas. Empowered by AAR’s integrated IT systems, 1MRO (SM) employs the same procedures, quality assurance checks and performance tracking at all five locations. In a key value-add, AAR’s information technology interfaces easily with most airlines’ systems, streamlining project management and enhancing workforce productivity.
“1MRO creates a seamless experience for our customers,” said Dany Kleiman, Aviation Services Group Vice President – Repair and Engineering. “More locations mean more convenience. No matter where the work is done, our customers are able to navigate within a familiar framework and can expect consistent results. Our multiple sites combined with a wide range of additional services enable AAR to provide flexibility and creative turn-key solutions that enhance and complement our customers’ operations.”
In addition to its maintenance services, AAR offers cost-effective landing gear and engineering services that range from modifying existing systems to designing new solutions. AAR also offers a vast inventory of serviceable replacement parts and provides end-to-end supply chain, inventory management and exchange programs for commercial, military and government aircraft. By combining these services, AAR offers custom-tailored solutions for a variety of fleet types and operational challenges that enable airlines to operate more efficiently.
“While at a minimum, carriers require reliable, high-quality MRO services, they also have unique requirements based on their operations and fleet types,” Kleiman said. “We strive to provide a reliable, one-stop shop for all their maintenance, engineering, parts and material support, logistics and more.”
AAR will be exhibiting its full range of products and services for aviation customers at Aviation Week’s MRO Americas 2013 conference in Atlanta on April 16-18 at the Georgia World Congress Center.
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. Winners will be announced in early May at the Aircraft Technology, Engineering & Maintenance Awards gala in London. AAR also has been named Aircraft Parts Supplier of the Year and ranked the No. 5 MRO in the world in an independent survey of 11,000 airline executives and industry professionals.
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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