April 22, 2021
AAR announces multi-year agreement with United Airlines for heavy maintenance services in Rockford, IL and significantly grows local workforce
Wood Dale, Illinois — AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, has signed a multi-year agreement to perform airframe maintenance on United Airlines’ narrow-body aircraft fleet at its MRO facility in Rockford, IL.
This agreement supports the continued growth of the facility and the local Rockford workforce. AAR also supports airframe maintenance work for United at its facility in Miami, FL.
Over the next few years, AAR expects to add up to 250 high quality, year-round aviation maintenance technician jobs in Rockford.
“We are excited to expand our partnership with United Airlines and the city of Rockford,” said John Holmes, AAR President & CEO. “We began operations in Rockford four years ago and have built a track record of solid performance. We are very proud to have secured this long term contract with United.”
AAR will continue to leverage its EAGLE Career Pathway Program with a nationwide network of schools which includes Rock Valley College. The EAGLE Program provides a direct pathway to aviation technician jobs at AAR´s facilities as well as providing mentorship opportunities for students while they are enrolled in their Airframe and Powerplant program. In addition, AAR has engaged with Rockford Workforce Connection (RWC) through a variety of solutions to grow the number of technicians as well as supporting specialized training in the aviation field.
AAR provides MRO services from facilities in Illinois, Indiana, Florida, Oklahoma, Quebec and Ontario.
AAR was recently named one of America´s Best Midsize Employers for a third time by Forbes, a Military Friendly® Employer 2021 by VIQTORY, a service-disabled, veteran-owned company; Best for Vets Employers 2020 by Military Times magazine; and U.S. Veterans magazine Top Veteran-Friendly Companies 2020.
For more information about AAR´s MRO Services, visit aarcorp.com/mro/
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.
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