aar Archives

Frank Landrio, AAR’s SVP of Distribution and James Travis Beasley, DLA Aviation’s Director, Supplier Operations © AAR

AAR becomes first supply chain alliance partner for DLA Aviation

AAR CORP. has entered into a supply chain alliance charter with the U.S. Defense Logistics Agency (DLA) Aviation’s Supply Center in Richmond, Virginia. This agreement marks a significant milestone, as AAR becomes DLA Richmond’s first official supply chain alliance partner. The charter aims to streamline and enhance efficiency throughout the DLA’s procurement operations. By establishing […]

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Sharon Purnell becomes Chief Human Resources Officer at AAR

People

AAR CORP., a provider of aviation services to commercial and government operators, MROs and OEMs, has announced the appointment of Sharon Purnell as Senior Vice President and Chief Human Resources Officer. In her new role, Purnell will lead the company’s global Human Resources function, overseeing areas such as recruitment, talent management and employee engagement. Bringing

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GA Telesis to acquire AAR’s landing gear overhaul business

MRO & Production

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

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The new joint venture will specialise in advanced nacelle MRO services © AFI KLM E&M/ Patrick Delapierre

AAR and AFI KLM E&M to establish joint venture for nacelle MRO services

MRO & Production

AAR CORP. and Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) have partnered to establish a new joint venture focused on maintenance, repair and overhaul (MRO) services for next-generation aircraft nacelles in the Asia-Pacific region. This venture marks the second collaboration between the two companies, following a 2021 joint venture with Triumph Product

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AAR awarded contract for P-8A Poseidon maintenance

Military & Defense

AAR CORP. a prominent aviation services provider, has been awarded a five-year contract worth up to US$1.2 billion from the U.S. Navy’s Naval Air Systems Command (NAVAIR) to provide maintenance and support for the P-8A Poseidon aircraft. This indefinite delivery/indefinite quantity contract tasks AAR with providing depot airframe maintenance and field team support for the

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AAR and Ontic sign multiple agreements at the 2024 Farnborough Air Show © AAR

AAR and Ontic expand defence and commercial partnerships

MRO & Production

AAR CORP. (AAR) has signed multiple long-term distribution agreements with Ontic. These agreements expand the companies’ existing defence and commercial partnerships, enhancing service offerings for the U.S. government and worldwide commercial customers. Under the first defence agreement, AAR will expand its support for U.S. government customers to include a specific list of T55 engine components

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Satna iO has secured a majority stake in Zulu Global © Shutterstock

AAR posts Q4 fiscal 2024 sales of US$657 million, up 19%

Financial

AAR CORP. has posted fourth-quarter 2024 consolidated sales of US$656.5 million and income from continuing operations of US$9.1 million. For the fourth quarter of the prior year, the company reported sales of US$553.3 million and income from continuing operations of US$23.2 million. Consolidated fourth-quarter sales increased by 19% over the prior year quarter. Consolidated sales

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Willis Lease and GEM to establish an engine test cell facility in West Palm Beach, Florida, for testing CFM56-5B and CFM56-7B engines

AAR, Cebu Pacific sign CFM56-5B surplus material agreement

MRO & Production

AAR CORP. and Cebu Pacific have inked a multi-year deal aimed at supplying surplus material for the CFM56-5B engine. Under the terms, AAR will provide support for the 30 CFM56-5B scheduled shop visits planned by Cebu Pacific throughout the contract period. Shevantha Weerasekera, Vice President for Engineering and Fleet Management at Cebu Pacific, expressed pride

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AAR is to acquire Triumph Product Support for US$725 million in cash

AAR to acquire Triumph Group’s Product Support business

Financial

AAR CORP. has entered into a definitive agreement with Triumph Group to purchase Triumph Product Support for US$725 million in cash. As part of the transaction, AAR expects to receive estimated tax benefits with a present value of approximately US$80 million. Including the estimated tax benefits, the effective purchase price multiple is expected to be

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AAR Corp and Moog Inc. sign two multi-year commercial agreements

AAR Corp and Moog sign two multi-year commercial agreements

MRO & Production

AAR Corp. has signed two multi-year commercial agreements with Moog Inc, a worldwide designer, manufacturer, and integrator of precision motion and fluid controls and controls and systems. The agreements are the first steps in a new strategic relationship that allows for potential future expansion of the scope of services provided. Under the first agreement, AAR will

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AAR becomes first supply chain alliance partner for DLA Aviation

Sharon Purnell becomes Chief Human Resources Officer at AAR

GA Telesis to acquire AAR’s landing gear overhaul business

AAR and AFI KLM E&M to establish joint venture for nacelle MRO services

AAR awarded contract for P-8A Poseidon maintenance

AAR and Ontic expand defence and commercial partnerships

AAR posts Q4 fiscal 2024 sales of US$657 million, up 19%

AAR, Cebu Pacific sign CFM56-5B surplus material agreement

AAR to acquire Triumph Group’s Product Support business

AAR Corp and Moog sign two multi-year commercial agreements

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