WOOD DALE, ILLINOIS (June 15, 2009) – AAR (NYSE: AIR) announced today that Peter K. Chapman, Vice President and Chief Commercial Officer, AAR CORP. has been awarded the Médaille de l’Aéronautique (Medal of Aeronautics) by a council chaired by the Minister of Defense. The Médaille de l’Aéronautique was established in 1945 by the French Government as a means to reward the accomplishments of civilian and military personnel who have contributed to the development of aviation. The award was presented by Admiral Rene Bloch, French Navy, former Assistant Secretary of Defense for International Affairs.

Mr. Chapman has led several multinational organizations and his management and leadership contributed to the success of these aviation organizations on four continents. Mr. Chapman held various leadership positions with United Technologies Corporation, including President and CEO of United Technologies International and Executive Vice President, Pratt & Whitney Commercial Engines. He subsequently served as President and CEO of Dalfort Aviation, a third-party airframe maintenance company and as President of Asia Pacific Operations for McDonnell Douglas. Currently, as Vice President and Chief Commercial Officer for AAR CORP., Mr. Chapman leads the Company’s commercial marketing strategy and its expansion into new markets.

Mr. Chapman is a retired U.S. Naval Flight Officer and has earned a BS in Aeronautics from Parks College, Saint Louis University and an MBA in Economics and Finance from Syracuse University.

About AAR
AAR is a leading provider of products and value-added services to the worldwide aerospace and defense industry. With facilities and sales locations around the world, AAR uses its close-to-the-customer business model to serve aviation and defense customers through four operating segments: Aviation Supply Chain; Maintenance, Repair and Overhaul; Structures and Systems and Aircraft Sales and Leasing. More information can be found at www.aarcorp.com.

This press release contains certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on beliefs of Company management, as well as assumptions and estimates based on information currently available to the Company, and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated, including those factors discussed under Item 1A, entitled “Risk Factors”, included in the Company’s May 31, 2008 Form 10-K. Should one or more of these risks or uncertainties materialize adversely, or should underlying assumptions or estimates prove incorrect, actual results may vary materially from those described. These events and uncertainties are difficult or impossible to predict accurately and many are beyond the Company’s control. The Company assumes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. For additional information, see the comments included in AAR’s filings with the Securities and Exchange Commission.