April 13, 2006
Gerald Fitzgerald, Jr. Elected to AAR Corp. Board of Directors
WOOD DALE, Ill., /PRNewswire-FirstCall/ -- AAR CORP. (NYSE: AIR) announced today that its Board of Directors has elected Gerald F. Fitzgerald, Jr., President and Chairman of Cornerstone Bancorp and LaSalle Bancorp, Inc. (LaSalle, Illinois), as a director of the Company for a three-year term.
Fitzgerald currently serves as a director of Hometown National Bank and Southern Wisconsin Bankshares and has held a senior position with Harris Bank. Previously, he was President and Chief Executive Officer of Suburban Bancorp.
"Gerald brings a wealth of economic and leadership experience to the Board of Directors of AAR CORP. and we are very pleased to welcome him as we position the business for future growth," said David P. Storch, Chairman, President and CEO of AAR CORP.
AAR is a leading provider of products and value-added services to the worldwide aviation/aerospace industry. With facilities and sales locations around the world, AAR uses its close-to-the-customer business model to serve airline and defense customers through four operating segments: Aviation Supply Chain; Maintenance, Repair and Overhaul; Structures and Systems and Aircraft Sales and Leasing. More information can be found at http://www.aarcorp.com.
SOURCE AAR CORP.
CONTACT: Chris Mason, Director, Corporate Communications, of AAR CORP., +1-630-227-2062, chris.mason@aarcorp.com
Related news
See all
October 26, 2026
AAR increases size and extends maturity of revolving credit facility
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), the leading parts, repair, and software platform in the aviation aftermarket, today announced that it has amended its revolving credit facility, increasing total commitments to $1.375 billion, an increase of $550 million from the previous commitment of $825 million, and extending the maturity from December 2027 to October 2031.
September 28, 2026
AAR accelerates its aftermarket platform strategy by agreeing to acquire a controlling interest in MRO Holdings
- Acquisition significantly enhances AAR’s scale, margins, and cash flow profile
- Adds more than $1 billion in revenue supporting blue-chip, U.S. airline customers
- Expands AAR’s consolidated adjusted EBITDA margins[1] from approximately 12% to 16%, before synergies
- Expected to be accretive to adjusted EPS in the first full fiscal year post closing
- Updating AAR’s adjusted EBITDA margin target to approximately 19% to 20% within three to four years
WOOD DALE, Illinois — AAR CORP. (NYSE: AIR) (the “Company” or “AAR”), a leading Parts, Repair, and Software platform in the aviation aftermarket, today announced it has entered into a definitive agreement to acquire a 65% controlling interest in MRO Holdings at an implied enterprise value of $4.0 billion.
September 28, 2026
AAR reports first quarter fiscal year 2027 results
Wood Dale, Illinois, September 28, 2026 — AAR CORP. (NYSE: AIR) (the “Company” or “AAR”), a leading parts, repair, and software platform in the aviation aftermarket, reported today financial results for the fiscal year 2027 first quarter ended August 31, 2026.
