January 30, 2018
AAR Names Brian Sartain Senior Vice President, Repair and Engineering Services
Industry vet will work with customers on integrated aviation services solutions
WOOD DALE, Illinois, January 30, 2018 – Global aviation services leader AAR (NYSE: AIR) announces that Brian Sartain has joined AAR in the new position of Senior Vice President, Repair and Engineering Services, reporting to President and Chief Operating Officer John M. Holmes. In this senior leadership role, Sartain will oversee AAR’s MRO Services, Component Repair, Engineering Services, Landing Gear Services and Composites market solutions.
“Brian is an accomplished leader in the aviation industry. We are looking forward to the expertise and leadership he will bring to further integrating the breadth of repair and engineering services that AAR provides to customers across our global network,” said Holmes.
Sartain has more than 25 years of aerospace experience, most recently as Executive Vice President, Aerospace, with Chromalloy Gas Turbine, a global technology company providing integrated solutions for OEMs, commercial airlines, militaries and energy companies. Prior to Chromalloy, Sartain was Vice President, Business Development – Sensors & Integrated Systems at United Technologies Aerospace Systems (UTAS), and Vice President and General Manager of several businesses with the Goodrich Aerospace Corporation.
“AAR is uniquely positioned to provide nose-to-tail aviation services and has a proven history of anticipating and meeting customers’ needs. I am excited to help AAR bring these capabilities together to provide additional value to customers, meet the needs of new-generation aircraft, and contribute to the Company’s continued success in both the commercial and government sectors,” said Sartain.
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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AAR announces 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 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.
September 30, 2025
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.
