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AAR Corp.

$AIR
Aerospace
Industrials

AAR Corp. provides products and services to commercial aviation, government, and defense markets worldwide. The Aviation Services segment offers aftermarket support and services; inventory management and distribution services; and maintenance, repair, and overhaul, as well as engineering services. This segment also sells and leases new, overhauled, and repaired engine and airframe parts, and components; and provides inventory and repair programs, warranty claim management, and outsourcing programs for engine and airframe parts and components, as well as performance-based supply chain logistics programs in support of the U.S. department of defense and foreign governments. In addition, it offers airframe inspection, maintenance, repair and overhaul, painting, line maintenance, airframe modification, structural repair, avionic and installation, exterior and interior refurbishment, and engineering and support services; and repairs and overhauls components, landing gears, wheels, and brakes. The Expeditionary Services segment provides products and services supporting the movement of equipment and personnel by the U.S. and foreign governments, and non-governmental organizations. This segment also designs, manufactures, and repairs transportation pallets, and various containers and shelters, as well as composite materials for commercial, business, and military aircraft; and provides engineering, design, and system integration services for command and control systems. The company serves domestic and foreign passenger airlines; domestic and foreign cargo airlines; regional and commuter airlines; business and general aviation operators; original equipment manufacturers; aircraft leasing companies; aftermarket aviation support companies; and domestic and foreign military customers. It primarily markets and sells products and services through its employees and foreign sales representatives. AAR Corp. was founded in 1951 and is headquartered in Wood Dale, Illinois.

IPO Year:

Exchange: NYSE

Website: aarcorp.com

Recent Analyst Ratings for AAR Corp.

DatePrice TargetRatingAnalyst
1/16/2025$83.00Overweight
KeyBanc Capital Markets
1/29/2024Outperform
William Blair
12/1/2023$80.00Buy
Stifel
10/22/2021$45.00Outperform
RBC Capital
7/16/2021$51.00 → $52.00Outperform
Credit Suisse
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AAR Corp. Press Releases

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  • AAR reports third quarter fiscal year 2025 results

    WOOD DALE, Ill., March 27, 2025 /PRNewswire/ -- AAR CORP. (NYSE:AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, reported today financial results for the fiscal year 2025 third quarter ended February 28, 2025. THIRD QUARTER FISCAL YEAR 2025 HIGHLIGHTS(As compared to Q3 FY2024) Sales of $678 million; increased 20%GAAP EPS of $(0.25)Adjusted diluted EPS of $0.99; increased 16%GAAP Net loss of $9 millionAdjusted EBITDA of $81 million; increased 39%Adjusted EBITDA margin increased to 12.0% from 10.3%MANAGEMENT COMMENTARY "We delivered another strong quarter of significant year-over-year sales and earnings growth," said John M. Holmes, AAR's Ch

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  • AAR and FTAI Aviation extend their exclusive Serviceable Engine Products agreement, providing CFM56 engine material to the global aviation aftermarket through 2030

    WOOD DALE, Ill., March 27, 2025 /PRNewswire/ -- AAR CORP. (NYSE:AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed an extension of its exclusive Serviceable Engine Products agreement for the CFM56 used serviceable material ("USM") collaboration with FTAI Aviation Ltd. (NASDAQ:FTAI) through 2030. "AAR is proud to be the exclusive service provider for this agreement with FTAI," said John M. Holmes.The collaboration has made USM inventory available to the global aviation aftermarket and FTAI's consumption at the Module

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  • AAR elects Hema Widhani to its Board of Directors

    WOOD DALE, Ill., March 19, 2025 /PRNewswire/ -- AAR CORP. (NYSE:AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today that Hema Widhani has been elected to AAR's Board of Directors, effective March 18, 2025. This appointment increases AAR's Board from 11 to 12 Director positions. Ms. Widhani brings more than 20 years of experience in digital, marketing, and customer experience. As Prudential Financial's Chief Digital and Marketing Officer, Ms. Widhani manages the company's enterprise digital and customer experienc

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  • Trax to enable Cathay Pacific's digital transformation

    MIAMI, March 17, 2025 /PRNewswire/ -- Trax, a leading global provider of paperless aviation maintenance and engineering software products, announced today that Cathay Pacific, Hong Kong's home airline, selected Trax to power its Engineering Department's strategic digital transformation. The agreement expands Trax's customer base of leading global airlines and will enable Cathay Pacific's pursuit of next-generation aviation technology initiatives. Trax's comprehensive, web-based eMRO solution, fully managed cloud hosting services, and a selection of its innovative eMobility app

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  • AAR to announce third quarter fiscal year 2025 results on March 27, 2025

    WOOD DALE, Ill., March 13, 2025 /PRNewswire/ -- AAR CORP. (NYSE:AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it will release financial results for its third quarter of fiscal year 2025, ended February 28, 2025, after the close of the New York Stock Exchange trading session on Thursday, March 27, 2025. On Thursday, March 27, 2025, at 4 p.m. Central time, AAR will hold a conference call to discuss the results. A listen-only webcast and slides can be accessed at https://edge.media-server.com/mmc/p/htokn

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  • AAR signs new component repair agreement with Cebu Pacific

    WOOD DALE, Ill., March 12, 2025 /PRNewswire/ -- AAR CORP. (NYSE:AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced a multi-year agreement to provide Cebu Pacific Air with nacelle maintenance, repair, and overhaul services for the airline's A320 fleet powered by the CFM56-5B engine. This work will be performed at AAR's Component Services facility in Chonburi, Thailand. AAR's longstanding relationship with Cebu Pacific includes supplying USM engine material for the airline's CFM56-5B engine overhauls and providing warr

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  • AAR's Component Services facility in Amsterdam ranked No.1 Best Source of Repair by NATO Support and Procurement Agency

    WOOD DALE, Ill., March 10, 2025 /PRNewswire/ -- AAR CORP. (NYSE:AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced that its Component Services facility in Amsterdam has been named a "Best Source of Repair" and ranked number one among all component source of repair (SOR) facilities by the NATO Support and Procurement Agency (NSPA) and the International Aerospace Management Company (IAMCO). Both organizations manage maintenance work for NATO. AAR's Component Services facility in Amsterdam is recognized for its superior

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  • AAR signs exclusive PW4000 agreement with Chromalloy

    WOOD DALE, Ill., March 4, 2025 /PRNewswire/ -- AAR CORP. (NYSE:AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed an exclusive Distribution and License Agreement for the Parts Manufacturer Approval (PMA) high pressure turbine blades for the PW4000 engine platforms manufactured by Chromalloy's wholly owned subsidiary, BELAC LLC. "AAR is focused on delivering cost saving solutions to our global customer base," said Sal Marino, SVP of Parts Supply.The multi-year contract will ensure guaranteed stock levels for the in-d

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  • AAR adds Unison products under DLA Aviation Supplier Capabilities Contract

    WOOD DALE, Ill., March 3, 2025 /PRNewswire/ -- AAR CORP. (NYSE:AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has added distribution support of select Unison parts under its Supplier Capabilities Contract with Defense Logistics Agency (DLA) Aviation. "In 2022, AAR was the first non-OEM to be awarded a 20-year base Supplier Capabilities Contract with the DLA."This multiple year agreement leverages AAR's exclusive distribution capabilities for sole source spare parts manufactured by Unison in support of various military airc

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  • AAR reports second quarter fiscal year 2025 results

    WOOD DALE, Ill., Jan. 7, 2025 /PRNewswire/ -- AAR CORP. (NYSE:AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, reported today financial results for the fiscal year 2025 second quarter ended November 30, 2024. SECOND QUARTER FISCAL YEAR 2025 HIGHLIGHTS(As compared to Q2 FY24) Sales of $686 million; increased 26%Organic growth of 12%; accelerated from 6% in Q1GAAP EPS of $(0.87)Adjusted EPS (diluted) of $0.90; increased 11%GAAP Net loss of $31 millionAdjusted EBITDA of $78 million; increased 42%Cash flow provided by operating activities of $22 millionMANAGEMENT COMMENTARY "AAR delivered another solid quarter with record sales and improved ma

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AAR Corp. Analyst Ratings

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AAR Corp. Insider Trading

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AAR Corp. SEC Filings

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AAR Corp. Leadership Updates

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  • AAR elects Hema Widhani to its Board of Directors

    WOOD DALE, Ill., March 19, 2025 /PRNewswire/ -- AAR CORP. (NYSE:AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today that Hema Widhani has been elected to AAR's Board of Directors, effective March 18, 2025. This appointment increases AAR's Board from 11 to 12 Director positions. Ms. Widhani brings more than 20 years of experience in digital, marketing, and customer experience. As Prudential Financial's Chief Digital and Marketing Officer, Ms. Widhani manages the company's enterprise digital and customer experienc

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  • GATX Corporation Adds John Holmes to Board of Directors

    GATX Corporation (NYSE:GATX) today announced the election of John M. Holmes to its board of directors. Mr. Holmes will also serve as a member of the board's Audit Committee. With the appointment of Mr. Holmes, the GATX board will now consist of 10 members, including nine independent directors. "We are pleased to welcome John to GATX's board of directors," said Robert C. Lyons, president and chief executive officer of GATX. "John is an outstanding business leader with deep international experience and a strong track record of performance. His insights will be an asset to GATX as we continue executing our global growth strategy." "John is an excellent addition to our group of independent

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  • AAR elects Billy Nolen to its Board of Directors

    Wood Dale, Illinois, Oct. 12, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE:AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today that Billy Nolen has been elected to AAR's Board of Directors, effective immediately. Mr. Nolen, 66, brings more than 30 years of aviation experience across safety, operations, and regulatory affairs. He recently served as acting FAA Administrator and is currently the Chief Safety Officer at Archer Aviation Inc., a leading air mobility company known for developing electric vertical takeoff and landing (eVTOL) aircraft. While at the FAA, Mr. Nolen revamped certification requirements and airport-focused

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  • AAR signs exclusive foreign military distribution agreement with Pall Corporation

    Wood Dale, Illinois, Sept. 20, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE:AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed an exclusive multi-year foreign military distribution agreement with Pall Corporation. This agreement grants AAR exclusive rights to distribute and market select Pall products to foreign military customers in worldwide territories, with the exception of Japan and South Korea. AAR will plan, stock, and actively promote Pall's highly engineered filtration products and solutions. Mark Morris, Senior Vice President of Global Sales for Pall's aerospace business unit, expressed enthusiasm about the partnership

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  • SureWerx Appoints Steve Alden as its Chief Financial Officer

    With deep experience in managing diverse and global businesses, Steve will support the company's continued growth and expansion plans  SureWerx, a leading global supplier of personal protective equipment, safety gear, and tool solutions, is pleased to announce the appointment of Steve Alden as its Chief Financial Officer (CFO), effective today. In this role, Steve will be responsible for the financial management of the company in addition to driving strategic growth and operational excellence. Steve succeeds outgoing CFO Kevin Karr, who will continue work in a part-time role as the Senior Advisor, Corporate Development at SureWerx. With a proven track record of financial leadership, S

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AAR Corp. Financials

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  • AAR reports third quarter fiscal year 2025 results

    WOOD DALE, Ill., March 27, 2025 /PRNewswire/ -- AAR CORP. (NYSE:AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, reported today financial results for the fiscal year 2025 third quarter ended February 28, 2025. THIRD QUARTER FISCAL YEAR 2025 HIGHLIGHTS(As compared to Q3 FY2024) Sales of $678 million; increased 20%GAAP EPS of $(0.25)Adjusted diluted EPS of $0.99; increased 16%GAAP Net loss of $9 millionAdjusted EBITDA of $81 million; increased 39%Adjusted EBITDA margin increased to 12.0% from 10.3%MANAGEMENT COMMENTARY "We delivered another strong quarter of significant year-over-year sales and earnings growth," said John M. Holmes, AAR's Ch

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  • AAR to announce third quarter fiscal year 2025 results on March 27, 2025

    WOOD DALE, Ill., March 13, 2025 /PRNewswire/ -- AAR CORP. (NYSE:AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it will release financial results for its third quarter of fiscal year 2025, ended February 28, 2025, after the close of the New York Stock Exchange trading session on Thursday, March 27, 2025. On Thursday, March 27, 2025, at 4 p.m. Central time, AAR will hold a conference call to discuss the results. A listen-only webcast and slides can be accessed at https://edge.media-server.com/mmc/p/htokn

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  • AAR reports second quarter fiscal year 2025 results

    WOOD DALE, Ill., Jan. 7, 2025 /PRNewswire/ -- AAR CORP. (NYSE:AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, reported today financial results for the fiscal year 2025 second quarter ended November 30, 2024. SECOND QUARTER FISCAL YEAR 2025 HIGHLIGHTS(As compared to Q2 FY24) Sales of $686 million; increased 26%Organic growth of 12%; accelerated from 6% in Q1GAAP EPS of $(0.87)Adjusted EPS (diluted) of $0.90; increased 11%GAAP Net loss of $31 millionAdjusted EBITDA of $78 million; increased 42%Cash flow provided by operating activities of $22 millionMANAGEMENT COMMENTARY "AAR delivered another solid quarter with record sales and improved ma

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  • AAR to announce second quarter fiscal year 2025 results on January 7, 2025

    WOOD DALE, Ill., Dec. 9, 2024 /PRNewswire/ -- AAR CORP. (NYSE:AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it will release financial results for its second quarter of fiscal year 2025, ended November 30, 2024, after the close of the New York Stock Exchange trading session on Tuesday, January 7, 2025. On Tuesday, January 7, 2025, at 4 p.m. Central time, AAR will hold a conference call to discuss the results. A listen-only webcast and slides can be accessed at https://edge.media-server.com/mmc/p/ajocdb

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  • AAR reports first quarter fiscal year 2025 results

    First quarter sales of $662 million, up 20% over the prior yearFirst quarter GAAP diluted earnings per share of $0.50 compared to a loss per share of $0.02 in Q1 FY2024First quarter adjusted diluted earnings per share of $0.85, up 9% from $0.78 in Q1 FY2024Sales growth of 20% in both our commercial and government businessesWOOD DALE, Ill., Sept. 23, 2024 /PRNewswire/ -- AAR CORP. (NYSE:AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today reported first quarter fiscal year 2025 consolidated sales of $661.7 million and net income of $18.0 million, or $0.50 per diluted share. For the first quarter of the prior year, the Company reported sal

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  • AAR to announce first quarter fiscal year 2025 results on September 23, 2024

    WOOD DALE, Ill., Sept. 9, 2024 /PRNewswire/ -- AAR CORP. (NYSE:AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it will release financial results for its first quarter of fiscal year 2025, ended August 31, 2024, after the close of the New York Stock Exchange trading session on Monday, September 23, 2024. On Monday, September 23, 2024, at 4 p.m. Central time, AAR will hold a conference call to discuss the results. A listen-only webcast and slides can be accessed at https://edge.media-server.com/mmc/p/4zxr

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  • AAR reports record fourth quarter and fiscal year 2024 results

    Record fourth quarter sales of $657 million, up 19% over the prior yearFourth quarter GAAP diluted earnings per share from continuing operations of $0.26, compared to $0.66 in Q4 FY2023Record fourth quarter adjusted diluted earnings per share from continuing operations of $0.88, up 6% from $0.83 in Q4 FY2023Fourth quarter cash flow provided by operating activities from continuing operations of $25 millionRecord full year sales of $2.3 billion, up 17% over the prior yearFull year GAAP diluted earnings per share from continuing operations of $1.29, compared to $2.52 in FY2023; record adjusted earnings of $3.33 in FY2024, up 16% from $2.86 in FY2023WOOD DALE, Ill., July 18, 2024 /PRNewswire/ --

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  • AAR to announce fourth quarter fiscal year 2024 results on July 18, 2024

    WOOD DALE, Ill., July 2, 2024 /PRNewswire/ -- AAR CORP. (NYSE:AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it will release financial results for its fourth quarter of fiscal year 2024, ended May 31, 2024, after the close of the New York Stock Exchange trading session on Thursday, July 18, 2024. On Thursday, July 18, 2024, at 4:00 p.m. Central time, AAR will hold a conference call to discuss the results. A listen-only webcast and slides can be accessed at https://edge.media-server.com/mmc/p/8qeyvfs4. 

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  • AAR reports third quarter fiscal year 2024 results

    Record third quarter sales of $567 million, up 9% over the prior yearThird quarter GAAP diluted earnings per share from continuing operations of $0.39, compared to $0.62 in Q3 FY2023Record third quarter adjusted diluted earnings per share from continuing operations of $0.85, up 13% from $0.75 in Q3 FY2023Third quarter cash flow provided by operating activities from continuing operations of $20 millionClosed on the acquisition of Triumph Group's Product Support business for $725 millionWOOD DALE, Ill., March 21, 2024 /PRNewswire/ -- AAR CORP. (NYSE:AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today reported third quarter fiscal year 202

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  • AAR to announce third quarter fiscal year 2024 results on March 21, 2024

    WOOD DALE, Ill., March 7, 2024 /PRNewswire/ -- AAR CORP. (NYSE:AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it will release financial results for its third quarter of fiscal year 2024, ended February 29, 2024, after the close of the New York Stock Exchange trading session on Thursday, March 21, 2024. On Thursday, March 21, 2024, at 3:45 p.m. Central time, AAR will hold a conference call to discuss the results. The conference call can be accessed by registering at https://register.vevent.com/register/

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AAR Corp. Large Ownership Changes

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