AAR Signs Extension and Expansion of Flight-hour Component S
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This news is classified in: Aviation Contracts Commercial Aircraft MRO

Dec 28, 2023

AAR Signs Extension and Expansion of Flight-hour Component Support Agreement With ASL Airlines

AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed a multi-year contract extension and expansion for flight-hour component support services with ASL Aviation Holdings DAC (ASL Airlines).

The contract extends and expands AAR’s existing component support agreement with ASL Airlines Belgium to include ASL Airlines France, ASL Airlines United Kingdom, and ASL Airlines Ireland. AAR currently supports 28 ASL aircraft, which is expected to increase to 65 under the new agreement. AAR’s Integrated Solutions’ segment will provide 24/7 component support services for the airlines’ Boeing 737 fleets.

“For more than a decade, ASL has benefited from AAR’s proven excellence in delivering flight-hour support services and associated cost efficiencies, which enable the on-time performance of ASL’s operations,” said James George, ASL Aviation Holdings’ Head of Procurement. “We are delighted to expand our partnership with AAR to include additional ASL airlines.”

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Forecasts by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, Regional Aircraft), by Maintenance Type (Scheduled Maintenance, Unscheduled Maintenance, Preventive Maintenance, Predictive Maintenance), by Service Type (Engine Overhaul, Airframe Maintenance, Component Maintenance, Line Maintenance, Modification and Upgradation), by Component Type (Engine Components, Landing Gear Components, Avionics Components, Aircraft Interior Components, APU Components, Other) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Impact and Recovery Pattern Analysis

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“AAR’s strategically located warehouses and support teams expedite the delivery of components and reduce maintenance turnaround times for ASL,” said Chris Fiddes, AAR’s Vice President of Commercial Programs. “We look forward to the expansion of our relationship as ASL grows and modernizes its fleet.”



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