AAR CORP. has signed a multi-year agreement with Cebu Pacific Air to provide nacelle maintenance, repair, and overhaul (MRO) services for the airline’s A320 fleet powered by the CFM56-5B engine. The work will be carried out at AAR’s Component Services facility in Chonburi, Thailand. AAR has a longstanding relationship with Cebu Pacific, previously supplying USM […]
AAR to service Cebu Pacific’s nacelles of A320 fleet Read More »
AAR Corporation has reported second quarter (Q2) fiscal year 2025 results. Consolidated second-quarter sales rose by 26% to US$686.1 million, compared to US$545.4 million in the same period last year. This increase reflects a 30% growth in consolidated sales to commercial customers, driven by the acquisition of the Product Support business and robust demand across
AAR reports strong sales growth in Q2 Read More »
GA Telesis has announced the signing of a definitive agreement to acquire AAR’s landing gear overhaul business and wheels and brakes business unit. Upon completion, the acquired operations will be integrated into the GA Telesis MRO Services Division under Group President Pastor Lopez and rebranded as GA Telesis Landing Gear Services. This acquisition will enhance
GA Telesis to acquire AAR’s landing gear overhaul business Read More »
Chromalloy has announced the signing of a distribution and license agreement with AAR, under which AAR will exclusively distribute the company’s PMA (parts manufacturer approval) parts for the CF6-80C2 engine high-pressure turbine (HPT) Stage 1 and Stage 2 blades across the global aftermarket. However, some account coverage exclusions apply due to Chromalloy’s existing customer agreements.
Chromalloy enters new engine parts supply agreement with AAR Read More »
AAR CORP. has announced its financial results for the first quarter of fiscal year 2025, reporting consolidated sales of US$661.7 million, a 20% increase from the prior year’s sales of US$549.7 million. The company posted a net income of US$18.0 million, or US$0.50 per diluted share, in contrast to a net loss of US$0.6 million,
AAR reports strong first-quarter results for fiscal year 2025 Read More »
AAR CORP, has announced an extension and expansion of its V2500 engine component distribution agreement with Sumitomo Precision Products. Under this agreement, AAR has extended its exclusive distribution rights for the V2500 pneumatic starter and starter control valve on behalf of SPP for the duration of the programme. Additionally, the contract expands AAR’s exclusive distributorship
AAR expands distribution agreement with Sumitomo Precision Products Read More »
On Wednesday, March 27, AAR CORP. commenced the construction of its new maintenance, repair, and overhaul (MRO) facility in Miami, marking a significant milestone for the company. Over 400 attendees congregated to commemorate the occasion, with John M. Holmes, AAR’s Chairman, President and CEO, expressing gratitude for the collaborative efforts enabling the expansion. James Crane,
AAR begins construction of new maintenance facility in Miami Read More »
AAR CORP. has reported third-quarter fiscal year 2024 consolidated sales of US$567.3 million and income from continuing operations of US$14.0 million. For the third quarter of the prior year, the company reported sales of US$521.1 million and income from continuing operations of US$21.8 million. Adjusted diluted earnings per share from continuing operations in the third
AAR posts third quarter sales of US$567 million, up 9% Read More »
AAR subsidiary Airinmar has signed a multi-year support services extension with Philippine Airlines (PAL). Working in conjunction with PAL’s aircraft material management team, Airinmar will provide a full suite of support services covering both aircraft warranty and value engineering. The services will supplement PAL’s current activities and continue building on the successful recovery of the
Airinmar secures multi-year support services extension with PAL Read More »
AAR CORP. has signed a new multi-year agreement with Ontic, providing AAR distribution rights to supply a strategic selection of military products to the U.S. government, with exclusivity on specified parts. AAR currently provides military distribution support to Ontic’s Cheltenham, United Kingdom, facility and commercial distribution support to Ontic’s Creedmoor, North Carolina, facility. Under this
AAR and Ontic sign new multi-year military distribution agreement Read More »
