FAA and AAR Landing Gear Services enter into Consent Order

AAR Landing Gear Services and the Federal Aviation Administration (FAA) have entered into a Consent Order that terminates the FAA’s Emergency Order of Suspension. The FAA issued its Order on February 10, 2009, and AAR immediately filed a petition for review before the National Transportation Safety Board on February 12, 2009. Under the terms of this Consent Order, the parties agreed to “resolve all matters relating to the Order and Petition, and to devote their respective resources to an expeditious and orderly restoration of AAR Landing Gear Services’ authority to operate its repair station certificate.” The parties envision reinstatement of AAR Landing Gear Services’ repair station certificate with full operations “no later than February 20, 2009.”