AAR Signs Long Term Component Repair Contract with Utair
Contract includes reliability engineering to help improve on-wing component reliability
WOOD DALE, Illinois, January 31, 2018 – AAR (NYSE: AIR), a worldwide provider of aviation services to commercial airlines and governments, has announced a long-term agreement between AAR Aircraft Component Repair – Amsterdam and the Russian airline, Utair Aviation. Under the eight-year deal, AAR provides component repair and exchange for Utair’s B737 and ATR fleets, as well as reliability engineering support to improve on-wing component reliability.
“This agreement reinforces the significance of our growing relationship with Utair,” said Andre op’t Hof, Director of Commercial Operation, AAR Component Repair – Amsterdam. “The inclusion of reliability engineering allows us to go beyond what the manual requires for shop visits and also to schedule failure-preventing removals.”
“Utair wanted to invest in component availability and on-wing performance to increase efficiency and decrease costs,” said Alexander Vasiliev, Deputy Director for Technical Operations, Utair. “We had already been working with AAR’s Component Repair shop in Amsterdam and decided to sign a contract to become a priority customer and guarantee turn times on repairs.”
AAR’s Component Repair shops in Amsterdam and New York are recognized leaders in providing repair services for more than 6,000 components to both commercial and government customers.
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.
Media contact: Daniela Pietsch, Vice President Corporate Marketing & Communications, at editor@aarcorp.com or +1 630-227-5100.
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.
Related news
See allApril 03, 2025
AAR completes sale of Landing Gear Overhaul business
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today that it has completed the divestiture of its non-core Landing Gear Overhaul business to GA Telesis for $51 million.
April 02, 2025
AAR named Top Shop for Best Total Solutions Provider Repair by The145.com
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, is proud to announce it has been named a Top Shop for Best Total Solutions Provider Repair by The145.com. Top Shop awards are presented to maintenance, repair, and overhaul facilities that strive to consistently deliver unmatched quality and seamless customer support. The Best Total Solutions Provider Repair is awarded to the company that offers the best full suite of comprehensive, high-quality solutions and nose-to-tail life cycle services for its customers’ specific needs.
March 31, 2025
AAR earns Great Place To Work Certification
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced it has been Certified™ by Great Place To Work®. The prestigious award is based entirely on what current employees say about their experience. At AAR, 72% of employees said it’s a great place To Work – 15 points higher than the average U.S. company.