January 15, 2013
AAR Airlift launches internship program with Florida Institute of Technology
Aeronautics leader to give students real-world experience
MELBOURNE, Florida – Investing in the future, AAR (NYSE: AIR) announces that it is partnering with the Florida Institute of Technology (FIT) to offer its students an internship program with real-world experience. Starting this winter, AAR Airlift plans to hire up to four paid interns from FIT to work alongside experts in its Engineering, IT, Flight Operations or Quality/Safety departments. Students will work approximately 15 hours a week, or as class schedules permit, for 13 weeks, coinciding with their spring semester.
“We are collaborating with FIT to cultivate the next generation of innovators,” said Randy J. Martinez, President, AAR Airlift. “These students will gain invaluable hands-on experience and perspective from leaders in their field. That experience, in turn, will expand the talent pool from which AAR and other companies draw top notch engineers and aviation professionals.”
Airlift executives plan to meet periodically with FIT deans and faculty to assess program results and identify other opportunities for a fruitful exchange. FIT’s College of Engineering, for example, has invited AAR to help judge its senior design project.
“We appreciate the partnership with AAR Airlift and look forward to working together to develop top talent for the future,” said Dona Gaynor, Director of Career Management Services at FIT. “The internship opportunities offered by AAR Airlift will provide real world experience to FIT students to help them excel in their academic programs and their careers.”
The partnership with FIT is another example of the Company’s commitment to developing a robust talent pipeline. AAR has extensive education partnerships established in other cities around the country including Miami; Oklahoma City; Chicago; Garden City, New York; and Goldsboro, North Carolina.
AAR Airlift, which celebrated its grand opening at Melbourne Airport in 2011, provides expeditionary airlift service to government and defense customers around the world with its fleet of more than 60 aircraft. AAR is currently the largest airlift provider to the U.S. Department of Defense in Afghanistan and has assisted missions around the world, including in Africa and the Western Pacific.
AAR Airlift is a Space Coast EDC Investor, and a member of the Melbourne and Palm Bay Chambers of Commerce. Airlift employs over 200 locally, plus an additional 500 pilots, mechanics and technicians supporting aircraft overseas.
About AAR
AAR is a global aftermarket solutions company that employs more than 6,000 people in over 20 countries. Based in Wood Dale, Illinois, AAR supports commercial aviation and government customers through two operating segments: Aviation Services and Expeditionary Services. AAR’s Aviation Services include inventory management; parts supply; OEM parts distribution; aircraft maintenance, repair and overhaul; engineering services and component repair. AAR’s Expeditionary Services include airlift operations; mobility systems; and command and control centers in support of military and humanitarian missions. More information can be found at www.aarcorp.com.
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This press release contains certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on beliefs of Company management, as well as assumptions and estimates based on information currently available to the Company, and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated, including those factors discussed under Item 1A, entitled “Risk Factors”, included in the Company’s Form 10-K for the fiscal year ended May 31, 2018. Should one or more of these risks or uncertainties materialize adversely, or should underlying assumptions or estimates prove incorrect, actual results may vary materially from those described. These events and uncertainties are difficult or impossible to predict accurately and many are beyond the Company’s control. The Company assumes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. For additional information, see the comments included in AAR’s filings with the Securities and Exchange Commission.
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