July 12, 2007
Timothy J. Romenesko 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 Timothy J. Romenesko as a Director of the Company, effective July 10, 2007. Romenesko has also been named to the Executive Committee of the Board of Directors of the Company.
Romenesko, 50, currently serves as the President and Chief Operating Officer of AAR CORP. Previously, he served as the Company's Chief Financial Officer and held a variety of financial and leadership positions since joining the Company in 1981.
AAR is a leading provider of products and value-added services to the worldwide aerospace and defense industry. With facilities and sales locations around the world, AAR uses its close-to-the-customer business model to serve aviation and defense customers through four operating segments: Aviation Supply Chain; Maintenance, Repair & Overhaul; Structures & Systems and Aircraft Sales & Leasing.
CONTACT:
Chris Mason
Director of Corporate Communications of AAR CORP.
+1-630-227-2062
chris.mason@aarcorp.com
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- 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.
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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.
