AAR named to Top 10 Airframe MROs in the world by Aviation Week
WOOD DALE, Illinois — AAR (NYSE: AIR), a leading provider of aviation services to commercial airlines and governments worldwide, has been named to Aviation Week’s Top 10 Airframe MROs list in the publication’s 2019 global biennial survey.
To determine the top 10 ranking, Aviation Week interviewed and evaluated maintenance, repair and overhaul (MRO) providers from around the world based on the number of airframe maintenance man hours performed on civil aircraft on an annual basis. With six MRO facilities in North America and one joint venture MRO underway in Nagpur, India, AAR landed in the top five providers — clocking 4.9 million airframe maintenance man hours and 5.7 million total MRO man hours annually. The company also led the list as the second largest independent MRO provider recognized.
Chris Jessup, AAR’s Chief Commercial Officer, accepted the award on behalf of the Company at the Aviation Week Network award ceremony during MRO Asia-Pacific in Singapore.
“It is an honor to be recognized by Aviation Week as one of the Top 10 Airframe MROs for 2019,” said Jessup. “As we grow our global MRO network and customer base, our airframe maintenance teams consistently deliver on service quality and efficiency day after day, and I’m really proud to celebrate this award with them.”
For more information about AAR’s award-winning MRO services, please click here.
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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