Freedom Air

AAR launches 2022 Environmental, Social, and Governance (ESG) Report

Retrieved on: 
Monday, October 31, 2022
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This marks AARs second ESG report, following its inaugural report in 2021.

Key Points: 
  • This marks AARs second ESG report, following its inaugural report in 2021.
  • New to this years report is an ESG impact assessment, which AAR pursued to enhance its understanding of sustainability impacts and further incorporate ESG-related risks and opportunities into its future strategy.
  • The 2022 Report also includes a Task Force on Climate-related Financial Disclosures (TCFD) report to increase availability of ESG related information.
  • Headquartered in the Chicago area, AAR supports commercial and government customers through two operating segments: Aviation Services and Expeditionary Services.

AAR expands partnership with flydubai, signing multi-year Boeing 737 MAX flight-hour component support contract

Retrieved on: 
Wednesday, October 19, 2022
News, Boeing 737 Next Generation, AIR, Aircraft, Efficiency, Caucasus, Air Force Expeditionary Service Ribbon, Solution, NYSE, Annual report, Original equipment manufacturer, Freedom Air, Program, Partnership, Private Securities Litigation Reform Act, MRO, Indian MRO Industry, Company, GCC, Universal Mobile Systems, Flydubai, Business development, Next Generation Air Transportation System, Next Generation, Tourism, GLOBE, Forward-looking statement, MAX, AAR, Travel, Boeing, Â, Aviation, 737, Airline, Risk management, Maintenance, Overhaul

We look forward to expanding our partnership with AAR as we grow our fleet over the next few years.

Key Points: 
  • We look forward to expanding our partnership with AAR as we grow our fleet over the next few years.
  • flydubai operates a single fleet-type of 68 Boeing 737 aircraft that includes 32 Next-Generation Boeing 737-800, 33 Boeing 737 MAX 8, and 3 Boeing 737 MAX 9 aircraft.
  • AAR began supporting flydubais flagship fleet of Boeing 737 MAX in 2017 and signed a contract extension for flydubais Boeing 737 Next Generation fleet in 2021.
  • An efficient single fleet-type: Operates a single fleet-type of 68 Boeing 737 aircraftand includes: 32 Next-Generation Boeing 737-800, 33 Boeing 737 MAX 8 and 3 Boeing 737 MAX 9 aircraft.

AAR expands long-term relationship with Unison Industries to become global exclusive distributor for multiple product offerings

Retrieved on: 
Wednesday, October 5, 2022
Aircraft, Marketing, Unison Industries, AIR, Transport, Air Force Expeditionary Service Ribbon, Solution, LLC, NYSE, Annual report, Original equipment manufacturer, Freedom Air, Partnership, Private Securities Litigation Reform Act, MRO, Indian MRO Industry, Company, AOG, Micro Mobility Systems, Aviation, GLOBE, Forward-looking statement, AAR, Unison, Airline, Risk management, Maintenance, Overhaul

AAR has been a trusted partner for over 10 years, said Brian DeGennaro, Vice President, Global Sales and Marketing for Unison Industries.

Key Points: 
  • AAR has been a trusted partner for over 10 years, said Brian DeGennaro, Vice President, Global Sales and Marketing for Unison Industries.
  • This expanded agreement will enhance Unisons customer experience through increased product availability and will enable AAR to help Unison Industries grow our aftermarket business globally.
  • Augmenting our relationship with Unison Industries will compress lead times and improve customer service for operators and MRO facilities globally, said Eric Young, AARs Vice President of OEM Solutions.
  • Unison Industries, LLC, is a leading global supplier of complex gas turbine engine components and electrical & mechanical systems.

Unison Industries expands long-term relationship with AAR

Retrieved on: 
Wednesday, October 5, 2022
Defense, Other Defense, Aftermarket, Automotive, Air, Aerospace, Transport, Manufacturing, Aircraft, Marketing, Unison Industries, AIR, Transport, Air Force Expeditionary Service Ribbon, Solution, LLC, NYSE, Industry, Freedom Air, Partnership, MRO, AOG, Micro Mobility Systems, Aviation, AAR, Jet fuel, Maintenance, Overhaul, Unison

Unison Industries today announced the expansion of a long-standing relationship with AAR CORP. (NYSE: AIR) as the exclusive worldwide aftermarket distributor for Unison Industries' aviation, aerospace, military, and civil land vehicle products.

Key Points: 
  • Unison Industries today announced the expansion of a long-standing relationship with AAR CORP. (NYSE: AIR) as the exclusive worldwide aftermarket distributor for Unison Industries' aviation, aerospace, military, and civil land vehicle products.
  • AAR has been a trusted partner for more than 10 years, said Brian DeGennaro, vice president, Global Sales and Marketing for Unison Industries.
  • This expanded agreement will enhance our customers experience through increased product availability and will enable AAR to help Unison Industries grow our aftermarket business globally.
  • Augmenting our relationship with Unison Industries will compress lead times and improve customer service for operators and MRO facilities globally, said Eric Young, AARs vice president of OEM Solutions.

Airinmar selected by Cebu Pacific to provide warranty management and value engineering support services

Retrieved on: 
Thursday, September 29, 2022
AAR, AIR, Senior advisor, Aircraft, NYSE, ATR, Freedom Air, Company, Compliance, Growth, Private Securities Litigation Reform Act, American Railway Engineering and Maintenance-of-Way Association, Forward-looking statement, CEB, Universal Mobile Systems, Solution, Annual report, Cebu Pacific, General manager, Oracle Complex MRO, GLOBE, Air Force Expeditionary Service Ribbon, Original equipment manufacturer, MRO, PSE, Airline, Risk management, Engineering, Airbus, Overhaul, Maintenance

Airinmar will provide Cebu Pacific with a full suite of support services covering both aircraft warranty management and value engineering.

Key Points: 
  • Airinmar will provide Cebu Pacific with a full suite of support services covering both aircraft warranty management and value engineering.
  • Warranty management services will include the identification, claim, and recovery of the multiple airframe, engine, and component warranty entitlements provided by airframe manufacturers and their suppliers.
  • Value engineering services will include cost oversight to ensure compliance with Cebus contracted component repairs and to minimize component out-of-scope flight-hour repair charges.
  • Airinmars well regarded warranty management and value engineering services and ability to deliver cost savings and credit recovery will support effective management of our maintenance spend as we expand our fleet of aircraft, said Shevantha Weerasekera, Senior Advisor / Vice President, Engineering and Maintenance for Cebu.

Lufthansa Selects Datometry to Accelerate Data Warehouse Modernization

Retrieved on: 
Tuesday, September 20, 2022
Lufthansa Group, Lufthansa, Time, Risk, Database, Fortune 500, Integration, Lufthansa Aviation Training, Freedom Air, Aviation, Senior, Partnership, Microsoft, Eurowings, Microsoft Azure, CEO, SQL, Logistics, Analytics, SAN, Azure, MRO, Airline

SAN FRANCISCO and COLOGNE, Germany, Sept. 20, 2022 /PRNewswire/ -- Datometry, the pioneer of database virtualization, announced today that Deutsche Lufthansa AG, has selected the Datometry virtualization platform to accelerate the modernization of its on-premises data warehouse to Microsoft Azure Synapse. The Datometry Hyper-Q virtualization platform is the first to make databases and applications fully interoperable, and will enable the Lufthansa Group to replatform to the cloud without disrupting existing business processes.

Key Points: 
  • SAN FRANCISCO and COLOGNE, Germany, Sept. 20, 2022 /PRNewswire/ -- Datometry , the pioneer of d atabase virtualization , announced today that Deutsche Lufthansa AG, has selected the Datometry virtualization platform to accelerate the modernization of its on-premises data warehouse to Microsoft Azure Synapse.
  • The group's legacy data warehouse powers many mission-critical functions across the enterprise and is one of the largest data warehouse installations of its kind.
  • Lufthansa is looking to modernize its analytical data processing with the performance and flexibility of a modern cloud data warehouse, while preserving long-standing investments in application development and business processes.
  • Datometry Hyper-Q is used by leading Fortune 500 and Global 2000 enterprises to accelerate cloud modernization and move workloads between data warehouses.

AAR to announce first quarter fiscal year 2023 results on September 22, 2022

Retrieved on: 
Thursday, September 8, 2022
Air Force Expeditionary Service Ribbon, NYSE, AIR, Original equipment manufacturer, Forward-looking statement, Freedom Air, New, GLOBE, Company, AAR, Annual report, Private Securities Litigation Reform Act, Indian MRO Industry, Aviation, Risk management

On Thursday, September 22, 2022, at 3:45 p.m. Central time, AAR will hold a conference call to discuss the results.

Key Points: 
  • On Thursday, September 22, 2022, at 3:45 p.m. Central time, AAR will hold a conference call to discuss the results.
  • Once registered, participants will receive a dial-in number and a unique PIN that will allow them to access the call.
  • AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries.
  • Headquartered in the Chicago area, AAR supports commercial and government customers through two operating segments: Aviation Services and Expeditionary Services.

Avolon Agrees Transaction for 20 A330neo Aircraft With Malaysia Aviation Group

Retrieved on: 
Monday, August 15, 2022
Professional Services, Automotive Manufacturing, Air, Aerospace, Transport, Manufacturing, Finance, MASwings, A330-900, Freedom Air, Air travel, MASkargo, Travel, Firefly, MAG, SLE, NYSE, Airbus A330neo, Airbus A330, Fuel, Sale, New York Stock Exchange, AMAL, Dr. Georges-L.-Dumont University Hospital Centre, Aircraft, Aviation, A350 XWB, Rolls-Royce, Nintendo Wi-Fi Connection, TSE, YB, IX, Economics, Transport, Shenzhen Stock Exchange, Orix, Maintenance, Engineering, A330, Rolls-Royce Trent 7000, Solution, MRO, Airline, Malaysia Airlines, Avolon, Airline, Airbus

Avolon, the international aircraft leasing company, announces that it has agreed a transaction with Malaysia Aviation Group (MAG), owner of Malaysia Airlines, for the financing of 20 A330-900neo aircraft.

Key Points: 
  • Avolon, the international aircraft leasing company, announces that it has agreed a transaction with Malaysia Aviation Group (MAG), owner of Malaysia Airlines, for the financing of 20 A330-900neo aircraft.
  • The transaction comprises the placement of 10 A330neo aircraft from Avolons orderbook and 10 A330neo aircraft to be acquired from MAG via sale and leaseback.
  • Group CEO of Malaysia Aviation Group, Captain Izham Ismail, commented: We are pleased to conclude a strategic understanding with Avolon on the renewal of our widebody fleet modernization through the leaseback arrangement of 10 A330neo aircraft, and acquire another 10 aircraft directly from Airbus.
  • Malaysia Aviation Group (MAG) is a global aviation organisation comprising three focused business portfolios from Airlines, Aviation Services and E-Commerce & Travel Services Businesses.

AAR Mobility Systems awarded $173.5 million firm-fixed-price contract from U.S. Air Force to produce Next Generation All Aluminum Cargo Pallets

Retrieved on: 
Wednesday, August 3, 2022
USAF, Private Securities Litigation Reform Act, Annual report, Original equipment manufacturer, Micro Mobility Systems, Air Force Expeditionary Service Ribbon, NYSE, FFP, Aluminium, Company, MRO, Ethnic minorities in the U.S. armed forces during World War II, Solution, Freedom Air, Next Generation, AAR, Program, Aviation, United, Corrosion, Forward-looking statement, GLOBE, Indian MRO Industry, AIR, Overhaul, Maintenance

AAR currently produces and repairs the existing generation 463L cargo pallets for the USAF to support its worldwide operational requirements, said Lee Krantz, AAR Senior Vice President, Mobility Systems.

Key Points: 
  • AAR currently produces and repairs the existing generation 463L cargo pallets for the USAF to support its worldwide operational requirements, said Lee Krantz, AAR Senior Vice President, Mobility Systems.
  • AAR is proud to continue the program with the next generation pallet for many years to come.
  • AAR also proudly provides legacy 463L systems cargo pallets to other branches of the U.S. Armed Forces and continues to be a leader in design and production.
  • AAR will continue to supply legacy 463L pallets over the next several years during the transition to the next generation pallet.

AAR launches additional Fellowship Programs to expand aviation maintenance technician pipeline

Retrieved on: 
Tuesday, August 2, 2022
MRO, Original equipment manufacturer, Expeditionary Service Award, Education, GLOBE, Aircraft, AAR, School, Industry, Student, Propulsion, Forward-looking statement, NYSE, Universal Mobile Systems, AIM, Fellow, Mechanics, Private Securities Litigation Reform Act, Moscow Aviation Institute, AIR, Engineering, Solution, Company, Freedom Air, Rapid Engineer Deployable Heavy Operational Repair Squadron Engineers, Edmund S. Muskie Graduate Fellowship Program, Indian MRO Industry, Annual report, Program, Vincennes University, Airline, Risk management, Overhaul, Aviation, Maintenance

A leader in developing the aviation maintenance technician pipeline, AAR continues expanding efforts to attract talent to the field.

Key Points: 
  • A leader in developing the aviation maintenance technician pipeline, AAR continues expanding efforts to attract talent to the field.
  • Students selected as AAR Fellows receive scholarships to pursue Airframe and Powerplant programs while working at an AAR MRO facility.
  • AARs Fellowship Program removes the cost of education as a barrier to enter the aviation maintenance technician field, said Michael Gehrich, Vincennes Universitys Director of Aviation.
  • This shows AARs commitment to help fill the aviation maintenance technician pipeline and connect students with the potential for a six-figure career track.