April 02, 2014
Telair Delivers 400th Lower Deck Cargo System for Airbus A330 Series
Advanced cargo handling system reduces maintenance cost
MIESBACH, Germany – Telair International, a subsidiary of U.S.-based aerospace and defense contractor AAR, announces delivery of the 400th advanced lower deck cargo system to the Airbus fuselage production line in Hamburg.
Telair has been a supplier of individual components involved with cargo loading systems for the Airbus aircraft since the 1970’s and will become the single-source supplier for the complete lower deck cargo handling systems for the Airbus A330-200 and -300 series of aircraft.
The advanced cargo handling system uses only one type of power drive unit (PDU) to provide the required tractive force to move ULD’s in and out of the aircraft and within the cargo hold to its final parking position.
“With a weight of only 2kg (4.5 lbs), it is remarkable to experience the power such a small device can produce”, said Stefan Auer, Director of Customer Services at Telair. “Using one type of PDU reduces spare parts requirements and associated cost. The unit’s design allows for on-board drive roller exchange, allowing for an efficient and cost-effective replacement of the wear part of the unit. The rubber on worn rollers can be replaced, allowing the reuse of the roller rim, further reducing financial impact.”
With currently more than 360 advanced systems in-service, the system has proven to be reliable. A similar system will be provided for the Airbus A350 XWB family of aircraft, extending Telair’s support of the Airbus fleet.
Telair International has served the airline industry for more than 40 years, with facilities on four continents. Today, it is the premiere one-stop-shop for the design and manufacture of advanced cargo handling systems and aftermarket services for the world’s airlines and OEMs. More information on Telair can be found at www.telair.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.
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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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Wood Dale, Illinois – AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, and Eaton today signed an agreement for AAR to become an authorized service center for Eaton’s commercial aerospace customers across Europe, the Middle East, and Africa (EMEA).
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AAR announces 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 that it has commenced an underwritten registered public offering of 3,000,000 shares of its common stock. In addition, the Company intends to grant the underwriters a 30-day option to purchase up to an additional 450,000 shares of the Company’s common stock at the public offering price, less underwriting discounts and commissions.
September 30, 2025
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.
