April 29, 2013
Telair Delivers 300th Lower Deck Cargo System for Airbus A-330, -340 Series
Single source supplier streamlines installation for faster turnaround times
MIESBACH, Germany – Telair International, a subsidiary of U.S.-based aerospace and defense contractor AAR (NYSE: AIR), announces delivery of the 300th advanced lower deck cargo system to the Airbus fuselage production line in Hamburg. Since 2008, Telair has been the single source supplier for the advanced cargo handling systems for the Airbus A330-200 and -300 and A340-300 series of aircraft, providing one-stop shopping, compatibility and ease in installation.
Pre-assembled roller trays and ball mats are secured inside reusable containers instead of wooden crates or cartons for transport, reducing the environmental impact. The containers are then able to be positioned alongside the fuselage on the Airbus production line, streamlining installation inside the cargo compartments.
“Having one source reduces system installation time and speeds up delivery to the customer,” said Axel Hauner, President of Telair. “It also eliminates problems that can arise when systems are built with components from multiple suppliers. Within three to four months of delivery of the systems, the aircraft is ready to handle up to 30 years of daily operation.”
Telair International has served the airline industry for more than 40 years, with facilities on four continents. Today, it is the premiere one-stop-shop for the design and manufacture of advanced cargo handling systems and aftermarket services for the world’s airlines and OEMs. More information on Telair can be found at www.telair.com. Contact: Edwin Vos, Director, Technical Sales & Training for Telair at evos@telair.com | +31-36-5213940.
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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