OverviewSuggest Edit

AAR is an independent provider of aviation services to commercial and government customers. The company offers maintenance, repair, and overhaul (MRO) services including airframe maintenance, component repair, landing gear, and engineering services. Its integrated solutions include total fleet services, flight-hour support, contractor logistics support (CLS), performance-based logistics (PBL), third-party logistics (3PL). AAR also engages in parts supply and manufacturing of composites and mobility systems.

TypePublic
Founded1955
HQWood Dale, US
Websiteaarcorp.com
Employee Ratings3.3
Culture scoreC

Latest Updates

Employees (est.) (Apr 2020)6,000(+7%)
Job Openings134
Revenue (FY, 2019)$2.1 B(+18%)
Share Price (Apr 2020)$14.9 (-13%)

Key People/Management at AAR

John M. Holmes

John M. Holmes

President and Chief Executive Officer
Rahul Ghai

Rahul Ghai

Chief Digital Officer
John B. Cooper

John B. Cooper

Vice President, Global Government and Defense
Sarah L. Flanagan

Sarah L. Flanagan

Vice President, Financial Operations
Sean Gillen

Sean Gillen

Vice President and Chief Financial Officer
Jessica Garascia

Jessica Garascia

Vice President, General Counsel and Secretary
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AAR Office Locations

AAR has offices in Wood Dale, Albuquerque, Atlanta, Cadillac and in 42 other locations
Wood Dale, US (HQ)
1100 N Wood Dale Rd
Albuquerque, US
3890 Aberdeen Dr SE
Atlanta, US
1500 Aviation Blvd
Cadillac, US
201 Haynes St
Clearwater, US
14201 Myerlake Cir
Corpus Christi, US
NAS Corpus Christi, 11001 D St #101
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AAR Financials and Metrics

AAR Revenue

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View revenue for all periods
AAR's revenue was reported to be $2.05 b in FY, 2019 which is a 17.4% increase from the previous period.
USD

Revenue (Q3, 2020)

9.8m

Net income (Q3, 2020)

2.3m

EBIT (Q3, 2020)

2.6m

Market capitalization (3-Apr-2020)

523.7m

Closing stock price (3-Apr-2020)

14.9
AAR's current market capitalization is $523.7 m.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.7b1.8b1.7b2.1b

Revenue growth, %

4%6%(1%)17%

Cost of goods sold

1.4b1.5b1.5b1.7b

Gross profit

236.9m276.5m294.6m329.5m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

404.8m423.8m446.7m439.2m449.7m456.3m466.3m493.3m529.5m541.5m560.9m9.8m

Cost of goods sold

343.3m357.6m377.7m374.7m428.8m378.7m395.1m415.0m444.2m459.9m475.7m

Gross profit

61.5m66.2m69.0m64.5m20.9m77.6m71.2m78.3m85.3m81.6m85.2m

Gross profit Margin, %

15%16%15%15%5%17%15%16%16%15%15%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

31.2m10.3m31.1m21.3m

Accounts Receivable

242.7m251.4m202.0m197.8m

Inventories

445.4m483.1m460.7m523.7m

Current Assets

873.1m888.5m942.7m952.5m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

47.7m56.5m15.6m7.5m

Depreciation and Amortization

50.0m52.9m40.5m42.8m

Inventories

(26.4m)(18.8m)(25.8m)(80.9m)

Accounts Payable

19.4m14.1m1.8m17.5m
Quarterly
USDY, 2020

Financial Leverage

2 x
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AAR Operating Metrics

AAR's Backlog was reported to be $1.5b in FY, 2019. AAR's Enterprise Customers was reported to be 1.5 k in FY, 2018.
FY, 2016FY, 2017FY, 2018FY, 2019

Backlog

$953.90 m$769.40 m$1.05 b$1.50 b

Twelve-Month Backlog

$506.70 m$366.30 m$510 m$600 m

Countries

100

Enterprise Customers

1.50 k
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AAR Acquisitions / Subsidiaries

Company NameDateDeal Size
Nordisk AviationDecember 02, 2011
TelairDecember 02, 2011
Aviation Worldwide ServicesMay 25, 2010
Hermetic Aircraft International CorpSeptember 29, 2000
AVSCO Aviation Service CorpJanuary 12, 1998
AAR Aircraft & Engine Sales & Leasing
AAR Aircraft Services, Inc.
AAR Airlift Group, Inc.
AAR Allen Services, Inc.
AAR Canada Holdings ULC
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AAR Revenue Breakdown

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AAR revenue breakdown by business segment: 93.6% from Aviation Services and 6.4% from Expeditionary Services

AAR Online and Social Media Presence

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AAR Company Culture

  • Overall Culture

    C

    66/100

  • CEO Rating

    C-

    65/100

  • Compensation

    C+

    69/100

  • Diversity

    F

    43/100

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AAR News and Updates

AAR elects H. John Gilbertson to its Board of Directors

WOOD DALE, Ill., March 17, 2020 /PRNewswire/ -- AAR (NYSE: AIR) announced today that H. John Gilbertson, Jr., retired Managing Director of Goldman Sachs Group Inc., has been elected to the Company's Board of Directors, effective immediately. The addition of Mr. Gilbertson increases the...

AAR names Jessica Garascia General Counsel

WOOD DALE, Illinois — AAR (NYSE: AIR), a leading provider of aviation services to airlines and governments worldwide, announced that Jessica A. Garascia has joined as General Counsel, effective today. Garascia succeeds Robert Regan and will report to John Holmes, President and Chief Executive Office…

AAR wins Parts Supply contract with Mitsubishi Heavy Industries Aero Engines (MHIAEL), largest commercial deal in Japan to date

WOOD DALE, Ill., Sept. 17, 2019 /PRNewswire/ -- AAR (NYSE: AIR), a leading provider of aviation services to airlines and governments worldwide, signed its largest commercial deal in Japan to date, a multimillion dollar Parts Supply agreement with Mitsubishi Heavy Industries Aero Engines,...

AAR secures $118M C-40 aircraft procurement and modification contract with Naval Air Systems Command in support of U.S. Marine Corps

WOOD DALE, Ill., Sept. 6, 2019 /PRNewswire/ -- AAR (NYSE: AIR), a leading provider of aviation services to commercial airlines and governments worldwide, has secured a new $118.6 million contract with the Naval Air Systems Command (NAVAIR) to deliver two 737 aircraft and associated...

AAR to announce fourth quarter fiscal year 2019 results on July 10, 2019

WOOD DALE, Ill., June 27, 2019 /PRNewswire/ -- AAR (NYSE: AIR) today announced that it will release financial results for its fourth quarter of Fiscal Year 2019, ended May 31, 2019, after the market closes on Wednesday, July 10, 2019. On Wednesday, July 10, 2019 at 3:45 p.m. CT, AAR will...

With all eyes on F-35, AAR looks to ‘clean up’ on F-16 maintenance

The company already supports the Danish Air Force with F-16 maintenance, and is looking to bank on its experience in the U.S.
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AAR Frequently Asked Questions

  • When was AAR founded?

    AAR was founded in 1955.

  • Who are AAR key executives?

    AAR's key executives are John M. Holmes, Rahul Ghai and John B. Cooper.

  • How many employees does AAR have?

    AAR has 6,000 employees.

  • What is AAR revenue?

    Latest AAR annual revenue is $2.1 b.

  • What is AAR revenue per employee?

    Latest AAR revenue per employee is $342 k.

  • Who are AAR competitors?

    Competitors of AAR include HEICO, Kratos Defense and Dyncorp.

  • Where is AAR headquarters?

    AAR headquarters is located at 1100 N Wood Dale Rd, Wood Dale.

  • Where are AAR offices?

    AAR has offices in Wood Dale, Albuquerque, Atlanta, Cadillac and in 42 other locations.

  • How many offices does AAR have?

    AAR has 51 offices.