October 24, 2013
AAR’s Paul Richardson to Speak at MRO Asia Conference in Singapore
Sales and marketing executive to share strategies on supply chain management, logistics
SINGAPORE — Paul Richardson, Vice President of Sales and Marketing for AAR Aviation Supply Chain, will join industry leaders discussing best practices and trends in supply chain logistics and inventory management at the MRO Asia conference and expo. The event, held October 29-31 in Singapore, will bring together key players in the aviation MRO industry from the Asia-Pacific region and around the globe.
“AAR is thrilled to participate in this important aviation forum,” said Richardson. “Singapore is a major hub in the region, and as such it is important not only to AAR, but to the entire industry. This conference will provide a lot of real-time data on the regional market.”
Richardson will speak on the first day of the conference in a session entitled “Effective Supply Chain Management.” He is part of a panel that will discuss the latest trends and best practices, delving into such issues as inefficiencies in supply chain logistics, inventory holding costs, escalating freight expenses, and increasingly expensive materials. Also featured on the panel are Didier Granger, President of OEM Services; Mike Cazaz, President and CEO of Werner Aero Services; Herb Heuckeroth, Procurement Controller for Virgin Australia; and Anaz Ahmad Tajuddin, Group Head of Engineering at AirAsia.
AAR’s supply chain business offers a suite of products and services ranging from new and aftermarket parts to end-to-end programs involving inventory and repair management. AAR maintains one of the industry’s most extensive inventories of airframe and engine parts and is one of the largest providers of power-by-the-hour component support. Capitalizing on its international network of distribution and repair centers and cutting-edge tracking technology, AAR expedites delivery and customizes solutions for airline, MRO, government and OEM customers around the world.
AAR’s Singapore operation is the heart of the Company’s supply chain inventory and distribution network in Asia, enabling AAR to boost distribution and reduce lead times for customers there and in Australia.
The Asia MRO market is considered one of the world’s strongest and busiest. The MRO Asia conference, produced by Aviation Week and held at the Singapore Expo Convention and Exhibition Centre, will draw thousands of key players in aviation to exchange ideas and discuss regional trends and opportunities. Twenty-eight airlines from 18 countries will be represented at this year’s event, themed "Profits and Progress for Growth in Asia.”
Follow the conference on Twitter under @avweekevents or by searching for #MROA. Follow AAR on Twitter under @AARCORP.
About AAR
AAR is a global aftermarket solutions company that employs more than 6,000 people in over 20 countries. Based in Wood Dale, Illinois, AAR supports commercial aviation and government customers through two operating segments: Aviation Services and Expeditionary Services. AAR’s Aviation Services include inventory management; parts supply; OEM parts distribution; aircraft maintenance, repair and overhaul; engineering services and component repair. AAR’s Expeditionary Services include airlift operations; mobility systems; and command and control centers in support of military and humanitarian missions. More information can be found at www.aarcorp.com.
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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 Form 10-K for the fiscal year ended May 31, 2018. 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.
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