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.

Argus Jan 29 session

+2.51% close to close 0.8x rel. volume Open Argus

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News Market Reaction – AIR

On Jan 29, the first trading day after this news, AIR closed 2.51% above the previous close.

Data tracked by StockTitan Argus for the Jan 29 session.

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WOOD DALE, Ill., Jan. 28, 2026 /PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has substantially completed the expansion of its Airframe MRO facility in Oklahoma City.

"We are very grateful for Alaska's trust and for the outstanding support we have received in Oklahoma City," said Holmes

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 Oklahoma City in collaboration with Alaska Airlines.

"Today, we celebrate AAR's growth and our longstanding relationship with Alaska Airlines. We are very grateful for Alaska's trust and for the outstanding support we have received in Oklahoma City. We are excited for this new chapter and our decades long relationship," said John M. Holmes, AAR's Chairman, President and CEO. 

The Company's maintenance operations in Oklahoma City date back more than 50 years, with AAR's facility located on the site of Will Rogers International Airport's original Hangar 2.

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 Chicago area, AAR supports commercial and government customers through four operating segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services. Additional information can be found at aarcorp.com.

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 Seattle, Honolulu, Portland, Anchorage, Los Angeles, San Diego and San Francisco. We deliver remarkable care as we fly our guests to more than 140 destinations throughout North America, Latin America, Asia and the Pacific. We'll serve Europe beginning in spring 2026. Guests can book travel at alaskaair.com and hawaiianairlines.com. Alaska is a member of the oneworld alliance, with Hawaiian scheduled to join oneworld in spring 2026. With oneworld and our additional global partners, guests can earn and redeem points for travel to over 1,000 worldwide destinations with Atmos Rewards. Learn more about what's happening at Alaska and Hawaiian at news.alaskaair.com. Alaska Air Group is traded on the New York Stock Exchange (NYSE) as "ALK."

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did AAR (AIR) announce about its Oklahoma City Airframe MRO expansion on January 28, 2026?

AAR announced substantial completion of an 80,000+ sq ft Airframe MRO expansion with three 737-capable bays. According to the company, the project includes near-term induction of additional Alaska Airlines aircraft and planned digitization of maintenance processes.

How many jobs will AAR's Oklahoma City expansion add, and when was this announced for AIR?

The expansion will create 200 additional full-time jobs in Oklahoma City. According to the company, this was announced January 28, 2026 during a ribbon cutting celebrating near completion and local support.

What aircraft types can AAR's expanded Oklahoma City facility service after the AIR expansion?

The expanded facility includes three maintenance bays capable of accommodating all 737 variants. According to the company, this enables induction and servicing of additional Alaska Airlines aircraft under their long-term commitment.

Will AAR (AIR) digitize maintenance processes at the Oklahoma City facility and who is involved?

Yes, AAR will digitize maintenance processes at the Oklahoma City facility in collaboration with Alaska Airlines. According to the company, the effort accompanies the expansion and aims to modernize repair workflows.

How long has AAR operated maintenance in Oklahoma City prior to the January 28, 2026 announcement?

AAR's maintenance operations in Oklahoma City date back more than 50 years. According to the company, the facility sits on the site of the original Will Rogers International Airport Hangar 2.