July 22, 2024
AAR awarded on TIME’s America’s Best Mid-Size Companies 2024 list
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has been awarded on TIME’s inaugural list of America’s Best Mid-Size Companies 2024.
This prestigious award is presented by TIME and Statista Inc., the leading statistics portal and industry ranking provider. The list of the top 500 mid-size companies can be viewed on TIME’s website.
America's Best Mid-Size Companies 2024 were identified based on three dimensions – employee satisfaction, revenue growth, and sustainability transparency – and more than 15 different evaluation criteria. The project scope considered all companies that operate in the United States and generated at least $100 million in revenue but less than $10 billion in 2022 or 2023.
“Our team members are AAR’s greatest asset, and by fostering a positive company culture we are able to effectively grow our business and model strong corporate citizenship,” says John M. Holmes, AAR’s Chairman, President and CEO. “Recognition as one of America’s Best Mid-Size Companies by TIME is both an honor and a testament to our strengths.”
For more information on a career with AAR, visit https://www.aarcorp.com/en/careers/.
About AAR
AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through four operating segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services. Additional information can be found at aarcorp.com.
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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.
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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.
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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.
