December 18, 2012
AAR Receives FAA Approval for 767-300 Interior Modifications
Integrated engineering services from top MRO facilitate on-time STCs
INDIANAPOLIS, Ind. – AAR (NYSE: AIR) has received design approval from the U.S. Federal Aviation Administration (FAA) to perform custom interior modifications for Boeing 767-300 aircraft operated by a major U.S. based international airline.
AAR Engineering Services’ design modification increases the aircraft’s passenger count and includes the installation of flatbed seats, new in-flight entertainment systems and a lower lobe crew rest, as well as the replacement of galleys. AAR managed the processes to obtain the FAA Supplemental Type Certificate (STC) on the customer’s behalf and provided custom modification kits produced at AAR Aircraft Services in Indianapolis. AAR Engineering Services offered additional value by mitigating risks associated with design, scheduling and implementation of the STC, acting as a single point of contact overseeing integrated engineering, program management and supply chain management services.
“It’s critically important to return aircraft to revenue service as soon as possible and with this complex program, we came in ahead of schedule for the customer,” said Ron Eaton, Vice President, AAR Engineering Services. “We provided timely and innovative design services, managed the approval process and streamlined numerous capabilities to complete the project while staying on budget.”
AAR Engineering Services provides a wide range of high-quality, cost-effective technical services, specializing in interior reconfigurations, structural and systems modifications, and avionics upgrades requiring FAA or other regulatory agency approvals.
AAR offers customers turnkey aircraft support solutions as part of its “1MRO” approach. The Company leverages diverse maintenance, engineering and technical capabilities to offer airlines customized, integrated services that lower costs, increase asset availability and ensure high levels of quality, safety and service. AAR provides MRO services from facilities in Indianapolis, Duluth, Miami, Oklahoma City and Hot Springs, Arkansas.
AAR was recently named the Best Aircraft Maintenance, Repair and Overhaul (MRO) Provider in the Americas, Aircraft Parts Supplier of the Year and was ranked among the Top Five MROs in surveys of airline executives and industry professionals.
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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