AAR enters General Terms Agreement with Liebherr-Aerospace

AAR has signed a long-term general terms agreement with Liebherr-Aerospace. Under terms of the deal, Liebherr-Aerospace will provide full support of AAR’s nose-to-tail comprehensive solution on the Airbus fleet. In addition, Liebherr-Aerospace will grant access to technical documentation, spare parts, and technical support to AAR maintenance, repair and overhaul (MRO) repair centers in Garden City, New York, and Amsterdam, which will also be performing certain repairs on Liebherr equipment. The agreement strengthens AAR’s position in the aviation component support business and covers products Liebherr-Aerospace designs and manufactures for Airbus, including flight control, actuation and air-management systems. The terms allow for the agreement to be amended in the future for other aircraft types.