NYSE - Nasdaq Real Time Price USD

AAR Corp. (AIR)

68.27

+0.85

(+1.26%)

At close: April 26 at 4:00 PM EDT

68.80

+0.53

(+0.78%)

After hours: April 26 at 7:57 PM EDT

AAR signs extension and expansion of V2500 engine component distribution agreement with Sumitomo Precision Products

AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed an extension and expansion of its V2500 engine component distribution agreement with Sumitomo Precision Products Co., Ltd. (SPP).

PR Newswire 16 days ago
AAR awarded Supplier of the Year by Atlas Air Worldwide

AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, was awarded the 2023 Component Repair Supplier of the Year – Large Volume Category by Atlas Air Worldwide (Atlas Air).

PR Newswire 18 days ago
AAR breaks ground on MRO facility expansion in Oklahoma City

AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, broke ground on the expansion of its maintenance, repair, and overhaul facility in Oklahoma City earlier today.

PR Newswire 22 days ago
AAR announces exclusive commercial distribution agreement with TRIUMPH

AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has announced an exclusive multi-year commercial distribution agreement with TRIUMPH's Actuation Products & Services business unit.

PR Newswire 23 days ago
AAR reports third quarter fiscal year 2024 results

AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today reported third quarter fiscal year 2024 consolidated sales of $567.3 million and income from continuing operations of $14.0 million, or $0.39 per diluted share. For the third quarter of the prior year, the Company reported sales of $521.1 million and income from continuing operations of $21.8 million, or $0.62 per diluted share. Our adjusted diluted earnings per share from

PR Newswire last month
AAR elects Jeffrey N. Edwards to its Board of Directors

AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today that Jeffrey N. Edwards has been elected to AAR's Board of Directors, effective immediately. This appointment increases AAR's Board from 11 to 12 Director positions.

PR Newswire last month
AAR, Cebu Pacific sign CFM56-5B surplus material agreement

AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed a multi-year agreement to supply surplus material for the CFM56-5B engine to Cebu Pacific.

PR Newswire last month
AAR to announce third quarter fiscal year 2024 results on March 21, 2024

AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it will release financial results for its third quarter of fiscal year 2024, ended February 29, 2024, after the close of the New York Stock Exchange trading session on Thursday, March 21, 2024.

PR Newswire last month
TRIUMPH COMPLETES SALE OF PRODUCT SUPPORT BUSINESS TO AAR

Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") announced today that it has completed the sale of its Product Support business to AAR CORP. (NYSE: AIR). The transaction is valued at $725 million, and the net after-tax proceeds are expected to be approximately $700 million, which will primarily be used for debt reduction.

PR Newswire last month
AAR completes acquisition of Triumph Group's Product Support business

AAR CORP. (NYSE: AIR) ("AAR" or the "Company"), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it has completed its acquisition of Triumph Group's (NYSE: TGI) Product Support business. Triumph Group's Product Support business is a leading global provider of specialized maintenance, repair, and overhaul capabilities for critical aircraft components in the commercial and defense markets.

PR Newswire last month
Airinmar signs extension of aircraft warranty and value engineering services with Philippine Airlines

AAR (NYSE: AIR) subsidiary Airinmar, a leading independent provider of component repair cycle management and aircraft warranty solutions, has signed a multi-year support services extension with Philippine Airlines (PAL).

PR Newswire 2 months ago
AAR Prices Upsized Offering of Senior Notes to Finance Triumph Product Support Acquisition

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 AAR Escrow Issuer, LLC, a wholly owned, unrestricted subsidiary of the Company (the "Escrow Issuer"), has successfully priced its offering of $550 million aggregate principal amount of 6.750% senior notes due 2029 (the "Notes"). The offering was upsized to $550 million from the original offering size of $500 million in aggregate princ

PR Newswire 2 months ago
AAR announces update to financing of Triumph Product Support acquisition

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 AAR Escrow Issuer, LLC, a wholly owned, unrestricted subsidiary of the Company (the "Escrow Issuer"), intends to offer, subject to market conditions and other factors, $500 million aggregate principal amount of senior notes due 2029 (the "Notes").

PR Newswire 2 months ago
AAR issues statement on January 5, 2024, Alaska Airlines Boeing 737 MAX 9 incident

AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, learned of the recent incident impacting the mid-cabin exit door plug of an Alaska Airlines Boeing 737 MAX 9 on January 5, 2024, that resulted in an emergency landing of the aircraft.

PR Newswire 3 months ago
AAR signs new multi-year military distribution agreement with Ontic

AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has announced a new multi-year agreement with Ontic, providing AAR distribution rights to supply a strategic selection of military products to the U.S. government, with exclusivity on specified parts.

PR Newswire 3 months ago
AAR signs extension and expansion of flight-hour component support agreement with ASL Aviation Holdings DAC

AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed a multi-year contract extension and expansion for flight-hour component support services with ASL Aviation Holdings DAC (ASL Airlines).

PR Newswire 3 months ago
AAR reports second quarter fiscal year 2024 results

Second quarter sales of $545 million, up 16% over the prior yearSecond quarter GAAP diluted earnings per share from continuing operations of $0.67, compared to $0.64 in Q2 FY2023Record second quarter adjusted diluted earnings per share from continuing operations of $0.81, up 17% from $0.69 in Q2 FY2023Second quarter cash flow provided by operating activities from continuing operations of $17 millionAnnounced highly strategic agreement to acquire Triumph Group’s Product Support business for $725

GlobeNewswire 4 months ago
TRIUMPH ANNOUNCES SALE OF PRODUCT SUPPORT BUSINESS TO AAR

Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") announced today that it has entered into a definitive agreement with AAR CORP. (NYSE: AIR) to sell its Product Support business. The transaction is valued at $725 million, representing a 14.5x trailing 12 months Adjusted EBITDAP multiple as of September 30, 2023. The primary intended use of proceeds from the transaction is debt reduction. The net after-tax proceeds are expected to be approximately $700 million, resulting in pro forma n

PR Newswire 4 months ago
AAR announces agreement to acquire Triumph Group's Product Support business, a leading provider of MRO services to the global aviation aftermarket

AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has entered into a definitive agreement with Triumph Group (NYSE: TGI) to purchase Triumph Product Support for $725 million in cash. As part of the transaction, AAR expects to receive estimated tax benefits with a present value of approximately $80 million. Including the estimated tax benefits, the effective purchase price multiple is expected to be 11.7x FY2024 EBITDA and 9.9x

PR Newswire 4 months ago
AAR adds Woodward, Inc. (66503) distribution support under Supplier Capability Contract with DLA Aviation

Wood Dale, Illinois, Dec. 11, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has added distribution support of select Woodward, Inc. (Woodward) parts under its Supplier Capability Contract with DLA Aviation. Under this multiple year agreement, AAR will supply DLA with spare parts from Woodward’s fuel control product family to which AAR holds an exclusive distribution agreement with Woodward as the si

GlobeNewswire 4 months ago

Performance Overview

Return	AIR	S&P 500
YTD	+9.41%	+6.92%
1-Year	+29.52%	+25.26%
3-Year	+69.07%	+22.00%

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AAR Corp. (AIR)

AAR signs extension and expansion of V2500 engine component distribution agreement with Sumitomo Precision Products

AAR awarded Supplier of the Year by Atlas Air Worldwide

AAR breaks ground on MRO facility expansion in Oklahoma City

AAR announces exclusive commercial distribution agreement with TRIUMPH

AAR reports third quarter fiscal year 2024 results

AAR elects Jeffrey N. Edwards to its Board of Directors

AAR, Cebu Pacific sign CFM56-5B surplus material agreement

AAR to announce third quarter fiscal year 2024 results on March 21, 2024

TRIUMPH COMPLETES SALE OF PRODUCT SUPPORT BUSINESS TO AAR

AAR completes acquisition of Triumph Group's Product Support business

Airinmar signs extension of aircraft warranty and value engineering services with Philippine Airlines

AAR Prices Upsized Offering of Senior Notes to Finance Triumph Product Support Acquisition

AAR announces update to financing of Triumph Product Support acquisition

AAR issues statement on January 5, 2024, Alaska Airlines Boeing 737 MAX 9 incident

AAR signs new multi-year military distribution agreement with Ontic

AAR signs extension and expansion of flight-hour component support agreement with ASL Aviation Holdings DAC

AAR reports second quarter fiscal year 2024 results

TRIUMPH ANNOUNCES SALE OF PRODUCT SUPPORT BUSINESS TO AAR

AAR announces agreement to acquire Triumph Group's Product Support business, a leading provider of MRO services to the global aviation aftermarket

AAR adds Woodward, Inc. (66503) distribution support under Supplier Capability Contract with DLA Aviation

Performance Overview