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Press release

January 10, 2001

AAR Names New Director - James G. Brocksmith

WOOD DALE, Ill., /PRNewswire/ -- AAR (NYSE: AIR) announced today that its Board of Directors elected James G. Brocksmith, Jr., 59, as a new board member.

Mr. Brocksmith is an independent business consultant and was employed by KPMG Peat Marwick for 31 years where he retired as Deputy Chairman and Chief Operating Officer in 1996. He currently serves on the board of directors of several companies including Nationwide Financial Services and Ciber Inc.

"Jim served for 6 years as the Chief Operating Officer of one of the largest and highly respected professional services companies in the world," said AAR President and CEO, David P. Storch. "He brings invaluable business experience to our Board and I am counting on him to make a significant contribution to our Company."

AAR CORP. (NYSE: AIR) is the preeminent provider of products and value-added services to the worldwide aerospace/aviation industry. Products and services include proprietary inventory management and logistic support services, encompassing supply, repair and manufacture of spare parts and systems. Headquartered in Wood Dale, Illinois, AAR serves commercial and government aircraft fleet operators and independent service customers throughout the world. Further information can be found at www.aarcorp.com.

SOURCE AAR Corporation

 

CONTACT: Dawn Kaiser, Investor Relations of AAR Corporation, 630-227-2098, or email, dkaiser@aarcorp.com

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