AOG Investors OPS Portal PAARTSSM Store
X Facebook Instagram Linkedin YouTube Threads

Press release

March 20, 2014

AAR to Establish Aviation Supply Chain Hub in Europe

Global aviation company acquiring inventory and airline contracts from Sabena technics

WOOD DALE, Illinois – AAR (NYSE: AIR) announces it is acquiring inventory and customer contracts from Sabena technics Brussels and expects the transaction to close in the first week of April. The agreement includes ongoing power-by-the-hour support for 13 customers, which AAR’s Aviation Supply Chain division will handle from its new facility at the Brussels Airport. In addition to supporting the customers that will transition from Sabena technics, this 24/7 facility will support AOG and other parts requirements for existing AAR customers in Europe, the Middle East and Africa.

“As AAR expands its global Aviation Supply Chain business, we recognize the importance of augmenting our support for the critical Europe, Middle East and Africa region,” said David P. Storch, Chairman and Chief Executive Officer of AAR CORP. “This deal positions AAR for growth in an expanding market.”

In recent years, the U.S.-based commercial aviation and defense contractor has increased its global supply chain infrastructure that now includes operations in Chicago, Singapore, Indianapolis, Toronto, Amsterdam and Brussels.

“The launch of our new supply chain hub establishes a rotable pool operation covering key platforms such as A330, A320, and 737NG aircraft for current and future customers,” said John Holmes, Group Vice President of Supply Chain for AAR.

About Sabena technics

Founded in 1968, Sabena technics is a leading independent Maintenance Repair and Overhaul (MRO) provider. The group employs more than 3,000 persons in 18 sites worldwide, including Bordeaux, Brussels, Dinard, Marseille, Miami, Monastir, Nîmes and Papeete. Its services are organized into six product lines: Airframe services, VIP completion, component services, integrated services, military services and training services.

More information can be found at www.sabenatechnics.com.

Media contact: Shehrazade Benkerbich at 33 1 56 54 4237, or email shehrazade.benkerbich@sabenatechnics.com

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.

Related news

See all SeeAll
AAR Doing It Right logo

Press release

May 23, 2024

AAR to participate in the Stifel Cross Sector Insight Conference on June 5, 2024

Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, will participate in Stifel’s 2024 Cross Sector Insight Conference.

AAR Doing It Right logo

Press release

May 02, 2024

AAR to participate in the Bank of America Transportation, Airlines and Industrials Conference on May 16, 2024

Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, will participate in Bank of America’s 2024 Transportation, Airlines and Industrials Conference.

AAR Doing It Right logo

Press release

April 11, 2024

AAR signs extension and expansion of V2500 engine component distribution agreement with Sumitomo Precision Products

Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed an extension and expansion of its V2500 engine component distribution agreement with Sumitomo Precision Products Co., Ltd. (SPP).

AOG Investors OPS Portal PAARTSSM Store
logo

Our products

Airframe parts Engine solutions Distribution Mobility Systems AOG Contact nowContact
logo

Our services

Repair & Engineering

Airframe MRO Landing Gear Overhaul Component Services Wheels and Brakes Engineering Services

Integrated Solutions

Flight-hour support Consumables and Expendables Airinmar® Trax(SM)

Additional services

Sourcing, purchasing, and remarketing ASTRO Government contract vehicles
logo

About

Our CompanyOur Company

Locations Certifications Digital innovation

Doing It Right®Doing It Right®

Environmental, social, and governance Ethics and compliance

LeadershipLeadership

logo

Careers

US job openings Amsterdam job openings Thailand job openings Trois Rivières - Canada job openings United Kingdom job openings Windsor - Canada job openings
Employee experience Diversity, equity, and inclusion Military veterans EAGLE Pathway Program
logo

Newsroom

News Media resources
2023 Annual Report 2023 ESG Summary Report