OverviewSuggest Edit

AAR is a 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

Locations

AAR is headquartered in
Wood Dale, United States

Location Map

Latest Updates

Employees (est.) (Apr 2020)6,000(+7%)
Job Openings129
Revenue (FY, 2019)$2.1 B(+18%)
Share Price (Oct 2020)$19.9
Cybersecurity ratingCMore

Key People/Management at AAR

John M. Holmes

John M. Holmes

President and Chief Executive Officer
Sarah L. Flanagan

Sarah L. Flanagan

Vice President, Financial Operations
John B. Cooper

John B. Cooper

Vice President, Global Government and Defense
Rahul Ghai

Rahul Ghai

Chief Digital Officer
Jessica Garascia

Jessica Garascia

Vice President, General Counsel
Sean Gillen

Sean Gillen

Vice President and Chief Financial Officer
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AAR Office Locations

AAR has offices in Wood Dale, Atlanta, Cadillac, Clearwater and in 40 other locations
Wood Dale, US (HQ)
1100 N Wood Dale Rd
Atlanta, US
1500 Aviation Blvd
Cadillac, US
1405 6th Ave
Cadillac, US
1649 Leeson Ave
Cadillac, US
201 Haynes St
Cadillac, US
612 7th St
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AAR Financials and Metrics

AAR Revenue

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

Net income (FY, 2020)

4.4m

EBIT (FY, 2020)

24.8m

Market capitalization (16-Oct-2020)

701.4m

Closing stock price (16-Oct-2020)

19.9

Cash (31-May-2020)

404.7m

EV

367.6m
AAR's current market capitalization is $701.4 m.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

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, 2019FY, 2020

Net Income

47.7m56.5m15.6m7.5m4.4m

Depreciation and Amortization

50.0m52.9m40.5m42.8m43.7m

Inventories

(26.4m)(18.8m)(25.8m)(80.9m)(94.5m)

Accounts Payable

19.4m14.1m1.8m17.5m
Quarterly
USDFY, 2016

Revenue/Employee

353.7k

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

1.7 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 Cybersecurity Score

Cybersecurity ratingPremium dataset

C

76/100

SecurityScorecard logo

AAR Revenue Breakdown

Embed Graph

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

AAR Online and Social Media Presence

Embed Graph

AAR News and Updates

AAR Reports First Quarter 2021 Results

WOOD DALE, Ill., Sept. 24, 2020 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR) today reported first quarter Fiscal Year 2021 consolidated sales of $400.8 million and loss from continuing operations of $13.9 million, or $0.40 per diluted share. For the first quarter of the prior year, the Company report…

AAR partners with Corporation for Skilled Workforce and Lumina Foundation to reduce labor shortage and increase diversity in the aviation industry

Wood Dale, Illinois, Aug. 25, 2020 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators worldwide, announces a new partnership with Corporation for Skilled Workforce (CSW) to grow and diversify the talent pool of aviation maintenance t…

AAR awarded three-year MRO contract with Royal Netherlands Air Force to service the F-16 jet fuel starter

Wood Dale, July 27, 2020 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services to commercial airlines and governments worldwide, has been awarded a three-year contract by the Royal Netherlands Air Force (RNLAF) to perform maintenance, repair and overhaul on F-16 jet fuel sta…

AAR Reports Fourth Quarter & Fiscal Year 2020 Results

WOOD DALE, Ill., July 21, 2020 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR) today reported fourth quarter Fiscal Year 2020 consolidated sales of $416.5 million and a loss from continuing operations of $15.0 million, or $0.43 per diluted share.  Fourth quarter results included pretax charges of $27.9 …

AAR expects to receive $57.2 million from U.S. Treasury under Air Carrier Worker Support portion of CARES Act

Wood Dale, Illinois, July 20, 2020 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators worldwide, today announced that certain of its subsidiaries expect to receive $57.2 million from the U.S. Treasury Department through the Payroll S…

AAR Elects Robert F. Leduc to its Board of Directors

Wood Dale, July 14, 2020 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR) announced today that Robert F. Leduc, retired President of Pratt & Whitney, has been elected to the Company's Board of Directors, effective immediately. The addition of Mr. Leduc increases the size of the Board from 12 to 13 director…
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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, Sarah L. Flanagan and John B. Cooper.

  • How many employees does AAR have?

    AAR has 6,000 employees.

  • Who are AAR competitors?

    Competitors of AAR include HAECO, BAE Systems Australia and ST Engineering.

  • 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, Atlanta, Cadillac, Clearwater and in 40 other locations.

  • How many offices does AAR have?

    AAR has 55 offices.