AAR, an independent provider of aviation aftermarket services, has been recognized as the "Best Aircraft Components Repair & Maintenance Company 2019" in a worldwide poll conducted by International Transport News. AAR is a global aerospace and defense aftermarket solutions company that employs more than 6,000 people in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through two operating segments: Aviation Services and … [Read more...] about AAR named ‘Best Aircraft Components Repair & Maintenance Company 2019’
AAR
AAR to Acquire two MRO facilities from Premier Aviation
Global aviation services leader AAR announced that it has agreed to acquire two of Premier Aviation’s aircraft maintenance, repair and overhaul (MRO) facilities – one at Trois-Rivières Airport in Québec and one at Windsor International Airport in Ontario. “We are excited to add an experienced workforce and two world-class facilities to our award-winning MRO network, and we look forward to growing our position in, and bringing more flexibility and value to, the Canadian market,” said … [Read more...] about AAR to Acquire two MRO facilities from Premier Aviation
AAR and Hawaiian Airlines in component support agreement
AAR has secured its first Airbus NEO fleet customer by signing a long-term component support agreement with Hawaii’s largest airline, Hawaiian Airlines. AAR will be providing comprehensive flight-hour component support for the airline’s brand-new fleet of 18 A321neo’s via AAR’s inventory hub in Chicago, as well as stock positioned in Hawaii and other strategic operating hubs. “AAR continues to expand our component flight-hour support business, and we are excited to add the A321neo … [Read more...] about AAR and Hawaiian Airlines in component support agreement
AAR signs agreement with flyDubai
AAR has expanded its relationship with flydubai by signing a long-term contract to provide comprehensive flight-hour component support for its new Boeing 737 MAX aircraft. The Dubai-based airline is set to take delivery of 100 Boeing 737 MAX 8 aircraft ordered at the 2013 Dubai International Airshow by the end of 2023. This is AAR’s first agreement to support the new aircraft and will utilize the company’s extensive global supply chain network, including its new parts warehouse in … [Read more...] about AAR signs agreement with flyDubai
AAR opens parts warehouse in Dubai
AAR, an independent provider of aviation services to airlines, original equipment manufacturers (OEMs) and MROs worldwide, has opened a parts warehouse at Dubai World Central (DWC) Airport. The supply chain hub closes the gap between essential aircraft components and the growing list of commercial and regional carriers operating in the Middle East. AAR leverages its partnerships with industry-leading OEMs such as Eaton, Unison, UTAS, Meggitt and Lord to stock the warehouse with a … [Read more...] about AAR opens parts warehouse in Dubai
AAR to sell cargo group to Transdigm
AAR announced it would sell cargo handling business, Telair Cargo Group, to TransDigm for a purchase price of US$725 million in cash, subject to adjustments. The Telair Cargo Group is comprised of Telair International, Telair US, and Nordisk Aviation Products. AAR further announced its intention to sell its unprofitable Precision Systems Manufacturing business and will report it as a discontinued operation and record an impairment charge of approximately US$40 million in the third quarter of … [Read more...] about AAR to sell cargo group to Transdigm
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