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Thursday, May 23, 2013

AAR CORP. (NYSE: AIR)

AAR Completes the Sale of 10 737-400 Aircraft to MAS from it...

AAR (NYSE: AIR) and its joint venture partner have completed the sale of 10 Boeing 737-400 aircraft to Malaysian Airline System Berhad (MAS), which the Company announced in November 2012. The sale is consistent with the Company’s stated goal to reduce its investment in aircraft leasing. AAR’s portfolio now includes four aircraft held in joint ventures an...
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AAR Awarded Medical Logistics Support Contract for US Army

AAR (NYSE: AIR) has been awarded a medical logistics contract for the U.S. Army Medical Material Center -- Southwest Asia, located at Camp As Sayliya, Qatar. AAR’s Defense Systems and Logistics business will provide inventory management support to the U.S. Central Command (CENTCOM) in Iraq, Afghanistan, Kuwait, Qatar and the United Arab Emirates. The one-year agre...
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