September 17, 2010
AAR Named to Forbes 'Most Trustworthy Companies' List
WOOD DALE, Ill., /PRNewswire via COMTEX/ --AAR CORP. (NYSE: AIR) announced today that the Company was named as one of Forbes Magazine's "Most Trustworthy Companies" for 2010.
AAR was recognized for transparent accounting and sound corporate governance in the ranking, which uses more than 100 factors to assess corporate accounting and management practices. Fewer than 5% of public companies make the Forbes Most Trustworthy Companies list, which is compiled by an independent financial analytics firm.
"We're committed to maintaining very high levels of performance and accountability and are pleased to be recognized by Forbes for financial transparency and sound corporate governance," said David P. Storch, Chairman and Chief Executive Officer of AAR CORP. "Unwavering integrity is one of our guiding principles and the credit for this recognition really goes to the AAR employees who live our core values every day."
AAR is a leading provider of products and value-added services to the worldwide aerospace and government/defense industry. With facilities and sales locations around the world, AAR uses its close-to-the-customer business model to serve aviation and government/defense customers through four operating segments: Aviation Supply Chain; Government and Defense Services; Maintenance, Repair and Overhaul; and Structures and Systems. More information can be found at www.aarcorp.com.
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December 23, 2024
AAR named one of America’s Most Responsible Companies 2025 by Newsweek
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, is proud to announce it has been recognized by Newsweek as one of America’s Most Responsible Companies 2025. This prestigious award is presented in collaboration with Statista, the world-leading statistics portal and industry ranking provider. The awards list was announced earlier this month and can currently be viewed on Newsweek’s website.
December 20, 2024
AAR announces divestiture of non-core Landing Gear Overhaul business to optimize portfolio
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today that it has entered into a definitive agreement to divest its Landing Gear Overhaul business to GA Telesis. The transaction is valued at $51 million and is expected to close in the first quarter of the 2025 calendar year, subject to customary and regulatory closing conditions. The divestiture will be immediately accretive to margins and earnings.
December 19, 2024
AAR resolves Foreign Corrupt Practices Act investigations with the DOJ and SEC
Wood Dale, Illinois — AAR CORP. (NYSE: AIR) (“AAR” or the “Company”) announced today that it has reached resolutions with the Department of Justice (“DOJ”) and the Securities and Exchange Commission (“SEC”) to resolve previously disclosed potential violations of the U.S. Foreign Corrupt Practices Act (the “FCPA”) relating to certain transactions signed in 2016 and 2017 in Nepal and South Africa.
