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Press release

October 05, 2021

AAR announces EAGLE fellowship program with Rock Valley College to support Aviation Maintenance Technician students

Wood Dale, Illinois — AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, announced a new fellowship program with Rock Valley College in Rockford, Illinois. This initiative is part of AAR´s EAGLE Career Pathway Program, which focuses on growing the talent necessary to meet the maintenance demands of the future with a focus on five core values:

Ethics
Airworthiness
Greatness
Leadership
Engagement

Fellowships, which include a cash award, will be offered to ten students and recipients who will work a minimum of two years with AAR. The funds may be used to cover the cost of tuition, fees and material and are annually renewable. To join, Fellows must meet certain eligibility criteria, including being a current or prospective student at Rock Valley College enrolled in the Aviation Maintenance Program, and must intend to work at AAR´s Rockford MRO location upon completion of graduation. Application information is available at https://www.aarcorp.com/RVC_Fellowship

“We are proud to announce this fellowship program, which builds upon the strong relationship that we already have with Rock Valley College,” said John Holmes, AAR President & Chief Executive Officer. “It is vital for the continued safety of the aviation industry that leading maintenance providers partner with educational institutions to increase the knowledge and skill of the workforce, not just in technical areas, but in leadership, problem solving and teamwork skills as well.”

To learn more about AAR´s EAGLE Career Pathway Program, please visit https://www.aarcorp.com/eagle-pathway-program/.

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.

Media contact
Daniela Pietsch
Vice President Corporate Marketing & Communications
editor@aarcorp.com
+1 630-227-5100.

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 which reflect management’s expectations about future conditions. Forward-looking statements may also be identified because they contain words such as ‘‘anticipate,’’ ‘‘believe,’’ ‘‘continue,’’ ‘‘could,’’ ‘‘estimate,’’ ‘‘expect,’’ ‘‘intend,’’ ‘‘likely,’’ ‘‘may,’’ ‘‘might,’’ ‘‘plan,’’ ‘‘potential,’’ ‘‘predict,’’ ‘‘project,’’ ‘‘seek,’’ ‘‘should,’’ ‘‘target,’’ ‘‘will,’’ ‘‘would,’’ or similar expressions and the negatives of those terms. 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. For a discussion of these and other risks and uncertainties, refer to “Risk Factors” in our most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. 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.

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