AIR - AAR Corp.

NYSE - NYSE Delayed Price. Currency in USD
45.32
-0.17 (-0.37%)
At close: 4:02PM EDT
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Previous Close45.49
Open45.52
Bid45.20 x 800
Ask45.23 x 1000
Day's Range44.30 - 45.61
52 Week Range29.84 - 51.52
Volume198,219
Avg. Volume265,900
Market Cap1.589B
Beta (3Y Monthly)0.89
PE Ratio (TTM)221.07
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.30 (0.66%)
Ex-Dividend Date2019-07-18
1y Target EstN/A
Trade prices are not sourced from all markets
All
News
Press Releases
  • AAR wins Parts Supply contract with Mitsubishi Heavy Industries Aero Engines (MHIAEL), largest commercial deal in Japan to date
    PR Newswire

    AAR wins Parts Supply contract with Mitsubishi Heavy Industries Aero Engines (MHIAEL), largest commercial deal in Japan to date

    WOOD DALE, Ill., Sept. 17, 2019 /PRNewswire/ -- AAR (AIR), a leading provider of aviation services to airlines and governments worldwide, signed its largest commercial deal in Japan to date, a multimillion dollar Parts Supply agreement with Mitsubishi Heavy Industries Aero Engines, Ltd. (MHIAEL). AAR will begin work immediately as the parts supplier for MHIAEL's PW4000 engine maintenance with international commercial airlines. "MHIAEL is a key player in the Japanese and global aviation market, and this agreement is AAR's first Parts Supply deal with an engine MRO company in the region — and our largest contract in Japan," said Sal Marino, AAR SVP of Parts Supply.

  • AAR selected as distributor for Leach International Corporation supporting OEMs in commercial and military aftermarket (cage code: 58657)
    PR Newswire

    AAR selected as distributor for Leach International Corporation supporting OEMs in commercial and military aftermarket (cage code: 58657)

    WOOD DALE, Ill., Sept. 12, 2019 /PRNewswire/ -- AAR (AIR), a leading provider of aviation services to commercial airlines and governments worldwide, has been selected as the main distributor for Leach International Corporation. As part of the agreement, AAR OEM Solutions will be stocking, promoting and selling electromechanical and solid state switch gears, such as relays, switches, relay panels and power distribution units to OEMs for new production, commercial airlines and MRO providers, as well as to the military aftermarket, including the U.S. government. "We are excited to partner with Leach International in support of the Americas region," said Eric Young, AAR Senior Vice President of OEM Solutions.

  • AAR to announce first quarter fiscal year 2020 results on September 25, 2019
    PR Newswire

    AAR to announce first quarter fiscal year 2020 results on September 25, 2019

    WOOD DALE, Ill., Sept. 11, 2019 /PRNewswire/ -- AAR (AIR) today announced that it will release financial results for its first quarter of Fiscal Year 2020, ended August 31, 2019, after the market closes on Wednesday, September 25, 2019. On Wednesday, September 25, 2019 at 3:45 p.m. CT, AAR will hold a conference call to discuss the results. AAR is a global aerospace and defense aftermarket solutions company that employs more than 6,000 people in over 20 countries.

  • AAR secures $118M C-40 aircraft procurement and modification contract with Naval Air Systems Command in support of U.S. Marine Corps
    PR Newswire

    AAR secures $118M C-40 aircraft procurement and modification contract with Naval Air Systems Command in support of U.S. Marine Corps

    WOOD DALE, Ill., Sept. 6, 2019 /PRNewswire/ -- AAR (AIR), a leading provider of aviation services to commercial airlines and governments worldwide, has secured a new $118.6 million contract with the Naval Air Systems Command (NAVAIR) to deliver two 737 aircraft and associated support equipment to the U.S. Marine Corps (USMC). The firm-fixed price contract, estimated to last two years, entails the acquisition, modification, acceptance and delivery of two 737-700 Increased Gross Weight (IGW) series commercial aircraft.

  • Business Wire

    G.research's 25th Annual Aerospace & Defense Conference

    G.research, in conjunction with Gabelli Funds, will host the 25th Annual Aerospace & Defense Conference on Thursday, September 5th, 2019 in New York City. This research meeting will feature presentations by senior management of several leading aerospace and defense companies, with an emphasis on industry dynamics, new technologies, and company fundamentals.

  • Smartwings selects Airinmar's component Value Engineering Services for optimal cost control
    PR Newswire

    Smartwings selects Airinmar's component Value Engineering Services for optimal cost control

    BERKSHIRE, England, July 24, 2019 /PRNewswire/ -- AAR (AIR) subsidiary Airinmar, the global leader in component repair cycle management and aircraft warranty solutions, has signed a three-year agreement with Smartwings, the largest Czech airline, to provide component Value Engineering Services for maximum cost savings. Airinmar's Value Engineering Services analyzes all costs associated with the repair process, including price quotes from suppliers and service vendors, labor, flight-hour agreements, and power-by-the-hour (PBH) pricing and warranties.

  • AAR to Host Investor Day
    PR Newswire

    AAR to Host Investor Day

    WOOD DALE, Ill., July 17, 2019 /PRNewswire/ -- AAR (AIR) is holding an Investor Day today Wednesday, July 17, 2019 starting at 8:30 a.m. ET in New York City. AAR's senior leadership team will provide an overview of the company's strategy and key opportunities. AAR is a global aerospace and defense aftermarket solutions company that employs more than 6,000 people in over 20 countries.

  • AAR Reports Fourth Quarter & Fiscal Year 2019 Results
    PR Newswire

    AAR Reports Fourth Quarter & Fiscal Year 2019 Results

    - Fourth quarter sales of $563 million up 19% from $474 million in Q4 FY2018 - Fourth quarter GAAP diluted earnings per share from continuing operations of $0.76 - Fourth quarter adjusted diluted earnings ...

  • AAR Announces Cash Dividend
    PR Newswire

    AAR Announces Cash Dividend

    WOOD DALE, Ill., July 9, 2019 /PRNewswire/ -- AAR CORP. (AIR) announced that its Board of Directors at its regularly scheduled meeting declared a quarterly cash dividend of $0.075 per share to its stockholders. The dividend will be payable on July 31, 2019 to stockholders of record as of the close of business on July 19, 2019. Future cash dividends will be subject to the approval of the Board of Directors. AAR is a global aerospace and defense aftermarket solutions company that employs more than 6,000 people in over 20 countries. AAR's Expeditionary Services include mobility systems and composite manufacturing operations.

  • AAR awarded four-year MRO contract with Royal Netherlands Air Force to service CH-47 Chinook APU
    PR Newswire

    AAR awarded four-year MRO contract with Royal Netherlands Air Force to service CH-47 Chinook APU

    WOOD DALE, Ill., July 9, 2019 /PRNewswire/ -- AAR (AIR), a leading provider of aviation services to commercial airlines and governments worldwide, has been awarded a four-year contract by the Royal Netherlands Air Force (RNLAF) to perform maintenance, repair and overhaul of the Chinook APU for Logistics Centre Woensdrecht (LCW). AAR will service the Chinook fleet in its Component Repair facility in Amsterdam, where AAR has been supporting European Participating Air Forces (EPAF) for over 30 years as a prime provider or subcontractor for repair management, component maintenance, supply chain and depot services.

  • AAR to announce fourth quarter fiscal year 2019 results on July 10, 2019
    PR Newswire

    AAR to announce fourth quarter fiscal year 2019 results on July 10, 2019

    WOOD DALE, Ill., June 27, 2019 /PRNewswire/ -- AAR (AIR) today announced that it will release financial results for its fourth quarter of Fiscal Year 2019, ended May 31, 2019, after the market closes on Wednesday, July 10, 2019. On Wednesday, July 10, 2019 at 3:45 p.m. CT, AAR will hold a conference call to discuss the results. AAR is a global aerospace and defense aftermarket solutions company that employs more than 6,000 people in over 20 countries.

  • AAR, Tawazun Economic Council and Global Aerospace Logistics sign joint repair management deal at Paris Air Show
    PR Newswire

    AAR, Tawazun Economic Council and Global Aerospace Logistics sign joint repair management deal at Paris Air Show

    WOOD DALE, Ill., June 20, 2019 /PRNewswire/ -- AAR (AIR), a leading provider of aviation services to commercial airlines and governments worldwide, announced a new contract with Tawazun Economic Council, a defense and security industry enabler in the United Arab Emirates, and Global Aerospace Logistics (GAL), an Abu Dhabi-based professional aerospace and defense services company, to provide component repair management and consulting services for UAE military fleets.

  • AAR selected as exclusive distributor for Woodward, Inc. supporting the U.S. Military
    PR Newswire

    AAR selected as exclusive distributor for Woodward, Inc. supporting the U.S. Military

    WOOD DALE, Ill., June 19, 2019 /PRNewswire/ -- AAR (AIR), a leading aviation services provider to commercial airlines and governments worldwide, has been selected as the exclusive distributor for Woodward for the promotion and sale of spare piece parts in support of U.S. Government fleets. As part of this agreement, AAR OEM Solutions is providing piece part distribution for components on multiple platforms including the T700, LM2500 and TF34 engines. Excluded from the agreement are piece parts included in Woodward's current long-term contracts with the U.S. Government.

  • AAR delivers first P-8A Poseidon to U.S. Navy fleet
    PR Newswire

    AAR delivers first P-8A Poseidon to U.S. Navy fleet

    INDIANAPOLIS, May 20, 2019 /PRNewswire/ -- AAR (AIR), a leading provider of aviation services to commercial airlines and governments, has completed its first planned overhaul, age exploration and planned inspection of its first U.S. Navy P-8A Poseidon (P-8A) aircraft. As part of a seven-year, indefinite-delivery/indefinite-quantity (IDIQ) contract signed last year with the Navy, AAR is providing heavy depot airframe maintenance, as well as year-round field support, for the U.S. fleet. The P-8A aircraft arrived at AAR for its first Age Exploration Plan Depot (AEPD) visit, which is part of a systematic, scheduled maintenance requirement.

  • AAR PW2000 contract with MTU Maintenance extended for another five years
    PR Newswire

    AAR PW2000 contract with MTU Maintenance extended for another five years

    WOOD DALE, Ill., April 10, 2019 /PRNewswire/ -- AAR (AIR) just announced that it will be extending its PW2000 engine support contract with MTU Maintenance for another five years. AAR will be supplying PW2000 parts to support MTU, which is one of the largest engine overhaul providers in the world. AAR is an important source of used serviceable materials (USM) in support of these engine overhauls.

  • GlobeNewswire

    New Research Coverage Highlights Amgen, Alarm, Werner Enterprises, Churchill Downs, Markel, and AAR — Consolidated Revenues, Company Growth, and Expectations for 2019

    NEW YORK, March 26, 2019 -- In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders,.

  • AAR Reports Third Quarter Fiscal Year 2019 Results
    PR Newswire

    AAR Reports Third Quarter Fiscal Year 2019 Results

    - Third quarter sales increased 16% to $530 million - Third quarter GAAP and adjusted diluted earnings per share from continuing operations of $0.78 and $0.79 , respectively, both inclusive of income tax ...

  • AAR Mobility Systems awarded a $10.8 million order from USAF to produce 463L cargo pallets
    PR Newswire

    AAR Mobility Systems awarded a $10.8 million order from USAF to produce 463L cargo pallets

    CADILLAC, Mich., March 18, 2019 /PRNewswire/ -- AAR (AIR), an independent provider of aviation and defense aftermarket solutions, has been awarded a $10.8 million order from the U.S. Air Force for the production of 463L cargo pallets. The cargo pallets will be manufactured at AAR's Mobility Systems business unit in Cadillac, Michigan. "AAR continues to provide this crucial, strategic asset to the U.S. Air Force to ensure it meets its worldwide operational requirements," said Lee Krantz, Senior Vice President, AAR Mobility Systems.

  • AAR awarded new additional Worldwide Aviation Support Services site
    PR Newswire

    AAR awarded new additional Worldwide Aviation Support Services site

    WOOD DALE, Ill., March 18, 2019 /PRNewswire/ -- AAR (AIR), a leading provider of aviation services to commercial airlines and governments, received notification from the Department of State awarding the company a new site under the Worldwide Aviation Support Services (WASS) program. "The WASS program continues to perform very well, and we are excited to expand our support of the Department of State with this new site," said John Holmes, AAR President & Chief Executive Officer.

  • AAR Earns JCAB Approval To Expand Services To Japanese Airlines
    PR Newswire

    AAR Earns JCAB Approval To Expand Services To Japanese Airlines

    Audit by Japan Civil Aviation Bureau clears path to do business with airlines WOOD DALE, Ill. , March 8, 2019 /PRNewswire/ -- AAR (NYSE: AIR), an independent provider of aviation aftermarket services, has ...

  • AAR to Announce Third Quarter Fiscal Year 2019 Results on March 19, 2019
    PR Newswire

    AAR to Announce Third Quarter Fiscal Year 2019 Results on March 19, 2019

    WOOD DALE, Ill., March 7, 2019 /PRNewswire/ -- AAR (AIR) today announced that it will release financial results for its third quarter of Fiscal Year 2019, ended February 28, 2019 after the market closes on Tuesday, March 19, 2019. On Tuesday, March 19, 2019 at 3:45 p.m. CT, AAR will hold a conference call to discuss the results. AAR is a global aftermarket solutions company that employs more than 6,000 people in over 20 countries.

  • GlobeNewswire

    Analysis: Positioning to Benefit within Bristol-Myers Squibb, AAR, Central Garden & Pet, Alexion Pharmaceuticals, Tribune Media, and Civitas Solutions — Research Highlights Growth, Revenue, and Consolidated Results

    NEW YORK, March 06, 2019 -- In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders,.

  • AAR named 'Best Aircraft Components Repair & Maintenance Company 2019'
    PR Newswire

    AAR named 'Best Aircraft Components Repair & Maintenance Company 2019'

    WOOD DALE, Ill., March 4, 2019 /PRNewswire/ -- AAR (NYSE-AIR), an independent provider of aviation aftermarket services, has been recognized as the "Best Aircraft Components Repair & Maintenance Company 2019" in a worldwide poll conducted by International Transport News. "AAR is honored to be recognized as the top performer for aircraft component repair in a very competitive global market," said Brian Sartain, AAR SVP, Repair & Engineering.