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Company:
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AAR CORP (AIR)
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Form Type:
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4
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Filing Date:
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1/8/2020
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CIK:
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0000001750
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Address:
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1100 N WOOD DALE RD
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City, State, Zip:
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WOOD DALE, Illinois 60191
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Telephone:
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(630) 227-2000
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Fiscal Year:
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05/31
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Last Trade
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Last Trade:
$35.01
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Change:
-1.85 (-5.02%)
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Trade Time:
04:10 PM EST
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Market Cap:
$1.24B
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Description of Business
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AAR CORP. and its subsidiaries are referred to herein collectively as "AAR,"
"Company," "we," "us," and "our" unless the context indicates otherwise. AAR
was founded in 1951, organized in 1955 and reincorporated in Delaware in 1966.
We are a diversified provider of products and services to the worldwide
aviation and government and defense markets.
Fiscal 2020 began with strategic initiatives focused on growth and execution
across all of our activities in the commercial and government markets. Our
momentum from a successful fiscal 2019 carried into the new year as we saw
continued strength in our parts supply activities, as well as in government
programs. We also realized the positive impact our efforts to attract and
retain talent had in our maintenance, repair and overhaul ("MRO") activities.
We succeeded in enhancing customer relationships with multiple commercial and
government customers.
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