AAR Selected by Czech Airlines for 737 Component Repair

(Wood Dale, Illinois, April 21, 2009) -- AAR (NYSE: AIR) announced today that it has signed a seven-year agreement with Czech Airlines to provide rotable component repair services on a flight-hour basis for the airline's Boeing 737 Classic aircraft. Czech Airlines is the flagship airline carrier of the Czech Republic and provides air connections from Prague to most European capitals, major North American destinations, the Near East and North Africa. The airline's fleet currently includes nine 737-400 and ten 737-500 models.

The repair program will be managed by AAR Aircraft Component Services - Amsterdam, with additional support provided, as needed, by AAR Aircraft Component Services - New York.


"We are excited to work with Czech Airlines and provide them with a cost-effective program to help them manage their rotable component repairs," said James Clark, Group Vice President for AAR's Aviation Supply Chain Group. "This flight-hour agreement enables our customer to accurately forecast their component repair costs and operate with a more predictable cost structure."

Source : AAR Corporation (NYSE: AIR)