AAR Earns Top Honors From FAA for Fifth Consecutive Year
WOOD DALE, Ill., /PRNewswire-FirstCall/ -- AAR (NYSE: AIR), announced today that for the fifth consecutive year the Company was recognized by the Federal Aviation Administration (FAA) for excellence in training and received the Diamond Certificate of Excellence at each of its FAA-certified repair stations. The Diamond Certificate of Excellence is the highest honor in the FAA's Aviation Maintenance Technician (AMT) Awards Program and recognizes organizations with 100 percent of their eligible employees receiving individual awards.
The FAA also presented AAR with special recognition for earning a Diamond Certificate of Excellence for five consecutive years. Timothy J. Romenesko, President and Chief Operating Officer of AAR, accepted the awards on behalf of AAR's 2,183 AMTs. Over the past five years, AAR technicians have earned 6,984 individual awards in the FAA's AMT Awards Program.
"We are honored by this special recognition of AAR and our team of AMTs," said Romenesko. "As a Company, we are dedicated to quality and this award shows that this dedication is present in each of our AMTs on an individual level. In the end, it is this ongoing commitment to training on the part of our AMTs and our Company that results in the highest levels of quality and ensures the greatest safety for the flying public."
"AAR has achieved an exclusive level of excellence and we applaud them for that," said John Gagliardi, FAA Eastern Regional FAASTeam Manager. "They have set high standards and work tirelessly to make sure their AMTs have the tools to excel in their jobs and lives."
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 https://www.aarcorp.com.
CONTACT:
Chris Mason, Director, Corporate Communications of AAR, +1-630-227-2062
chris.mason@aarcorp.com
Related news
See allAugust 12, 2025
AAR announces acquisition of maintenance planning software provider Aerostrat, expanding capabilities of Trax subsidiary
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today it has acquired Aerostrat, a leading long-range maintenance planning software company, for a purchase price of $15 million plus contingent consideration of up to $5 million. The acquisition immediately expands the reach of AAR's software offerings and the enterprise resource planning system (ERP) capabilities of AAR’s Trax subsidiary.
August 11, 2025
AAR prices add-on offering of $150 million of senior notes due 2029
Wood Dale, Illinois — AAR CORP. (“AAR” or the “Company”) (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, announced today that it has successfully priced its offering of $150 million aggregate principal amount of 6.750% senior notes due 2029 (the “Additional Notes”). The Additional Notes are being issued at a price of 102.000% of their principal amount, plus accrued interest from March 15, 2025, for a yield to maturity of 6.119%.
August 11, 2025
AAR announces proposed add-on offering of $150 million of 6.750% senior notes due 2029
Wood Dale, Illinois — AAR CORP. (“AAR” or the “Company”) (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, announced today that it intends to offer, subject to market conditions and other factors, $150 million aggregate principal amount of 6.750% senior notes due 2029 (the “Additional Notes”). The Additional Notes will be issued as additional notes under an existing indenture dated March 1, 2024, pursuant to which the Company previously issued $550.0 million aggregate principal amount of 6.750% senior notes due 2029 (the “Existing Notes” and together with the Additional Notes, the “Notes”). Other than with respect to the date of issuance and the offering price, the Additional Notes will have the same terms as the Existing Notes.