AAR signs LOI to explore establishment of supply chain and MRO operations in Russia

AAR announced from the Paris Air Show that it has signed a letter of intent outlining a tentative two-phase project to establish a technical maintenance center for commercial aircraft in Ulyanovsk, Russia. The project, as initially defined, includes an aircraft parts distribution and logistics center, scheduled to open in mid-2014, followed by a commercial aircraft maintenance facility, scheduled to open in 2015.