Universal Mobile Systems

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

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Wednesday, October 19, 2022
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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.

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

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Thursday, September 29, 2022
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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.

AAR launches additional Fellowship Programs to expand aviation maintenance technician pipeline

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Tuesday, August 2, 2022
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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.

AAR’s Component Repair facility in Amsterdam ranked No. 1 Outstanding Source of Repair by NATO Support and Procurement Agency for fifth time

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Tuesday, July 5, 2022
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This is the second time AAR has received this prestigious recognition in the last three years and the fifth overall.

Key Points: 
  • This is the second time AAR has received this prestigious recognition in the last three years and the fifth overall.
  • AARs Amsterdam facility has served IAMCO for two decades and earlier this year signed a 10-year extension of the component MRO agreement with IAMCO for support of the NATO E-3A Airborne Warning and Control (AWACS) fleet.
  • The honor of receiving this distinction from NATO confirms our success toward this goal and demonstrates that others recognize our value, said Maarten Willemsen, Program Manager, AAR Aircraft Component Services - Amsterdam.
  • We are extremely proud to provide repair services to the NATO AWACS program in support of their readiness.

AAR announces a 10-year extension of its component MRO agreement with IAMCO for support of the NATO E-3A Airborne Warning and Control (AWACS) fleet

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Monday, February 7, 2022
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AARs Amsterdam facility has served IAMCO for two decades and been ranked an Outstanding Source of Repair on numerous occasions.

Key Points: 
  • AARs Amsterdam facility has served IAMCO for two decades and been ranked an Outstanding Source of Repair on numerous occasions.
  • AAR is honored to announce the extension of this long-term service contract, says Eric Bron, AAR General Manager, Component Repair Amsterdam.
  • IAMCO is very pleased to confirm AAR as one of its sources of repair for component MRO in this extension of the E-3A program, says Bernard Masuy, IAMCO Branch Manager, Components.
  • AARs Amsterdam facility proves to be a reliable partner and a strong pillar of the E3A DLM component maintenance program.

AAR Announces $150 Million Stock Repurchase Program

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Tuesday, December 21, 2021
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Wood Dale, Illinois, Dec. 21, 2021 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR) today announced that its Board of Directors authorized a renewal of its stock repurchase program.

Key Points: 
  • Wood Dale, Illinois, Dec. 21, 2021 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR) today announced that its Board of Directors authorized a renewal of its stock repurchase program.
  • The authorization permits the repurchase of up to $150 million of the Companys common shares.
  • The repurchased stock will be held as treasury shares and may be reissued for various corporate purposes.
  • Headquartered in the Chicago area, AAR supports commercial and government customers through two operating segments: Aviation Services and Expeditionary Services.

AAR names Lori Knudson Vice President, Chief Ethics and Compliance Officer

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Wednesday, October 20, 2021
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Wood Dale, Oct. 20, 2021 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, announced that Lori Knudson has joined the company as Vice President, Chief Ethics and Compliance Officer.

Key Points: 
  • Wood Dale, Oct. 20, 2021 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, announced that Lori Knudson has joined the company as Vice President, Chief Ethics and Compliance Officer.
  • Knudson will report to Jessica Garascia, AAR Vice President, General Counsel and Secretary, and will be responsible for oversight of AARs compliance function.
  • Loris appointment as an officer of AAR underscores the importance we place on compliance.
  • We are confident Lori will continue to help drive a culture of compliance and integrity at AAR, adds John Holmes, AAR President & CEO.

AAR signs contract with flydubai for continuing Boeing 737NG PBH Component Support

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Monday, October 18, 2021
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The new five-year contract builds on a partnership that started in 2016 to provide comprehensive rotable component support for flydubais 737NG fleet.

Key Points: 
  • The new five-year contract builds on a partnership that started in 2016 to provide comprehensive rotable component support for flydubais 737NG fleet.
  • We look forward to working with them on this key component of our Engineering and Maintenance Programme.
  • AAR is proud to partner with flydubai as it pursues its mission to open up opportunities for travel, tourism and trade.
  • An efficient single fleet-type:Operates a single fleet-type of 54 Boeing 737 aircraftand includes: 36 Next-Generation Boeing 737-800, 15 Boeing 737 MAX 8 and 3 Boeing 737 MAX 9 aircraft.

AAR extends relationship with Volotea for A320 family PBH component support

Retrieved on: 
Tuesday, September 21, 2021
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Wood Dale, Sept. 21, 2021 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, announced today the extension of its power-by-the-hour (PBH) component support contract with Volotea.

Key Points: 
  • Wood Dale, Sept. 21, 2021 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, announced today the extension of its power-by-the-hour (PBH) component support contract with Volotea.
  • Following a selection process that prioritized value and reliability, we are excited to confirm AAR as the provider for component services for our fleet of A320 family aircraft.
  • We look forward to having AAR in support of the next phase of our growth, said Isidre Porqueras, Volotea COO.
  • Headquartered in the Chicago area, AAR supports commercial and government customers through two operating segments: Aviation Services and Expeditionary Services.