February 16, 2005
AAR Names Fred Kocher General Manager of AAR Aircraft Services - Indianapolis
WOOD DALE, Ill., /PRNewswire-FirstCall/ -- AAR CORP. (NYSE: AIR) today announced that it has named Frederick L. Kocher the General Manager of AAR Aircraft Services -- Indianapolis, the Company's recently established maintenance, repair and overhaul (MRO) facility located at the Indianapolis International Airport.
Kocher joins AAR with more than 30 years of leadership experience in aviation and aerospace, including senior-level positions with United Airlines (Avolar), Rolls-Royce and US Airways. Kocher served as Senior Vice President, Ground Operations for United Airlines (Avolar) and as Senior Vice President of Customer Support for Rolls-Royce North America, Inc. He spent nearly 25 years as a member of the leadership team at US Airways where his responsibilities included engineering, customer service, flight operations and aircraft maintenance operations.
"Fred's extensive airline and business experience makes him uniquely qualified to lead and grow our new Indianapolis MRO operation," said David P. Storch, President and CEO of AAR. "Fred is a great addition to an already strong leadership team and brings with him a customer's perspective and a solid understanding of quality, safety and operational excellence."
AAR is a leading provider of products and value-added services to the worldwide aerospace/aviation industry. Products and services include proprietary inventory management and logistic support services; maintenance, repair and overhaul of aircraft and aircraft components; engine and aircraft sales and leasing; and manufacturing of aircraft parts and mobility systems. Headquartered in Wood Dale, Illinois, AAR serves commercial and government aircraft fleet operators and independent service customers throughout the world. Further information can be found at http://www.aarcorp.com.
SOURCE AAR CORP.
CONTACT: Chris Mason, Director of Corporate Communications of AAR CORP. +1-630-227-2062, chris.mason@aarcorp.com
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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 commenced an underwritten registered public offering of 3,000,000 shares of its common stock. In addition, the Company intends to grant the underwriters a 30-day option to purchase up to an additional 450,000 shares of the Company’s common stock at the public offering price, less underwriting discounts and commissions.
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AAR announces pricing of public offering of 3,000,000 shares of common stock
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 the pricing of an underwritten registered public offering of 3,000,000 shares of its common stock at a public offering price of $83.00 per share. The underwriters have a 30-day option to purchase up to an additional 450,000 shares from the Company at the public offering price. The Company estimates that the net proceeds from the offering, after deducting the underwriting discounts and commissions, will be approximately $239.0 million, or $274.9 million if the underwriters exercise their option to purchase additional shares in full. The shares are expected to be delivered on or about October 2, 2025, subject to customary closing conditions.
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AAR acquires leading parts distributor ADI American Distributors
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 American Distributors Holding Co., LLC (ADI), a leading distributor of components and assemblies, for $146 million in an all cash transaction funded using the Company’s existing revolving credit facility. The acquisition immediately expands AAR’s new parts Distribution with new additional product lines and extensive OEM relationships. The business will become part of AAR’s Parts Supply segment.
