AAR celebrates Airframe MRO expansion in Oklahoma City, prepares to induct additional Alaska Airlines aircraft
Rhea-AI Summary
AAR (NYSE: AIR) has substantially completed an 80,000+ sq ft expansion of its Airframe MRO facility in Oklahoma City, adding three maintenance bays able to accommodate all 737 variants. A ribbon cutting marked near completion, the planned induction of additional Alaska Airlines aircraft, and creation of 200 full-time jobs.
The facility upgrade supports AAR's Repair & Engineering segment and includes planned digitization of maintenance processes in collaboration with Alaska Airlines. The Oklahoma City site traces AAR maintenance operations back over 50 years.
Positive
- Facility expanded by 80,000+ sq ft with three 737-capable maintenance bays
- 200 full-time jobs created in Oklahoma City
- Long-term customer commitment from Alaska Airlines with additional aircraft inductions
- Digitization of maintenance processes in collaboration with Alaska Airlines
Negative
- None.
Driven by an increased demand for AAR's MRO services, the 80,000+ square foot facility expansion includes three maintenance bays capable of accommodating all 737 variants. The Company will soon induct additional Alaska Airlines aircraft for service as part of a long-term customer commitment.
Earlier today, AAR hosted a ribbon cutting ceremony celebrating the project's near completion, the creation of 200 additional full-time careers with AAR, and the upcoming digitization of the Company's maintenance processes in
"Today, we celebrate AAR's growth and our longstanding relationship with Alaska Airlines. We are very grateful for
The Company's maintenance operations in
For more information on AAR's Airframe MRO services, part of the Company's Repair & Engineering segment, visit https://www.aarcorp.com/en/services/airframe-mro/.
About AAR
AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the
About Alaska Air Group
Alaska Airlines, Hawaiian Airlines and Horizon Air are subsidiaries of Alaska Air Group, and McGee Air Services is a subsidiary of Alaska Airlines. We are a global airline with hubs in
This press release may contain certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995, reflecting management's expectations about future conditions, including the anticipated completion of the project and related benefits. Forward-looking statements may also be identified because they contain words such as ''anticipate,'' ''believe,'' ''continue,'' ''could,'' ''estimate,'' ''expect,'' ''intend,'' ''likely,'' ''may,'' ''might,'' ''plan,'' ''potential,'' ''predict,'' ''project,'' ''seek,'' ''should,'' ''target,'' ''will,'' ''would,'' or similar expressions and the negatives of those terms. These forward-looking statements are based on beliefs of management, as well as assumptions and estimates based on information currently available to management and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated. For a discussion of these and other risks and uncertainties, refer to "Risk Factors" in AAR CORP.'s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Should one or more of these risks or uncertainties materialize adversely, or should underlying assumptions or estimates prove incorrect, actual results may vary materially from those described. These events and uncertainties are difficult or impossible to predict accurately and many are beyond management's control. Management assumes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. |
Contact:
Media Team
+1-630-227-5100
Editor@aarcorp.com
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SOURCE AAR CORP.