AAR Corp.

AAR and Sumitomo Corporation announce joint venture to provide aviation aftermarket supply chain solutions to Japanese defense and global commercial markets

WOOD DALE, Illinois, March 31, 2020 (GLOBE NEWSWIRE) — AAR (NYSE: AIR), a leading aviation services provider to commercial airlines and governments worldwide, and Sumitomo Corporation, a top Japanese trading company, are launching a joint venture – AAR Sumisho Aviation Services. This Chicago-area-based joint venture will distribute aircraft parts and offer aviation logistics management solutions …

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AAR Adopts Limited Duration Stockholder Rights Plan

WOOD DALE, Ill., March 30, 2020 /PRNewswire/ — AAR CORP. (NYSE: AIR) today announced that its Board of Directors adopted a limited duration stockholder rights plan (the “Rights Plan”). In connection with adoption of the Rights Plan, the Board of Directors declared a non-cash dividend distribution of one preferred share purchase right for each share …

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AAR Reports Record Third Quarter Fiscal Year 2020 Results

View printer-friendly version << Back – Third quarter sales of $553 million, up 4% from $530 million in Q3 FY2019 – Third quarter GAAP and adjusted diluted earnings per share from continuing operations of $0.07 and $0.67, respectively – Adjusted diluted earnings per share from continuing operations up 8% from Q3 FY2019 – Third quarter …

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