Welcome to our dedicated page for Aar news (Ticker: AIR), a resource for investors and traders seeking the latest updates and insights on Aar stock.
AAR Corp. reports developments across its aerospace and defense aftermarket services business for commercial airlines, government operators, MROs, and OEMs. Recurring news includes operating and financial results, parts supply agreements, aircraft maintenance and component repair activity, government logistics support contracts, and updates to engineering, certification, and aviation software capabilities.
The company’s current reporting structure includes Parts Supply; Repair, Engineering, and Software; Government Solutions; and Legacy Commercial Programs. Company updates also cover completed acquisitions such as Aircraft Reconfig Technologies, distribution relationships for aircraft and engine components, and software platforms including Trax, Aerostrat, and Airvoyant.
AAR (NYSE:AIR) was awarded two sole-source U.S. Air Force pallet contracts totaling up to $450 million, covering repair and production of the 463L legacy cargo pallet.
One contract is a $160 million firm-fixed-price repair IDIQ through March 2031; the other is a $290 million production requirements contract through March 2032. These awards extend AAR's pallet support role into 2032.
AAR (NYSE: AIR) will release third quarter fiscal 2026 results for the period ended February 28, 2026 after the NYSE close on Tuesday, March 24, 2026. A conference call will be held at 4:00 p.m. Central the same day with a listen-only webcast and slides available online, and a replay accessible for about one year.
AAR (NYSE: AIR) announced a new agreement with Otto Instrument Service to sell and support the LASEREF IV inertial reference system for business aircraft. The deal aims to broaden AAR's OEM distribution portfolio and improve global availability, deployment, logistics, and technical support for replacements and upgrades.
Senior VP Frank Landrio emphasized expansion into business aviation, while Otto's VP Chuck Farley highlighted faster, more efficient support for business and general aviation customers. The activity sits within AAR's Parts Supply distribution efforts.
AAR (NYSE: AIR) appointed Dylan Wolin as Chief Financial Officer, effective February 23, 2026. Wolin will oversee finance, accounting, tax, treasury, investor relations, and corporate development. He previously led AAR's corporate development (2017–2024) and served at Federal Signal (2024–2026).
Sarah Flanagan will return to Vice President, Financial Operations on February 23, 2026. AAR reaffirmed its Q3 and full fiscal year guidance issued January 6, 2026.
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.
Trax (NASDAQ:AIR) announced a multi-year contract expansion with Air Atlanta Icelandic on January 14, 2026, extending a customer relationship of more than 25 years.
Air Atlanta, which upgraded to Trax's eMRO platform in 2024, will add Trax's eMobility suite and cloud hosting to digitalize defect management, enable electronic task card execution, provide pilots with electronic logbooks, and give technical teams mobile access to manuals. Trax said cloud hosting will improve scalability, security, reliability and reduce the airline's infrastructure overhead.
AAR (NYSE: AIR) reported Q2 FY2026 results for the quarter ended Nov 30, 2025: sales $795.3M (+16% vs prior year), GAAP EPS $0.90, adjusted EPS $1.18 (+31%), and adjusted EBITDA $97M (+23%) with adjusted EBITDA margin rising to 12.1%. Management cited organic growth of 12%, Parts Supply strength (new parts Distribution organic +32%) and 23% higher sales to government customers. During the quarter AAR closed acquisitions of ADI for $138M and HAECO Americas for $77M, secured ~$850M of airframe heavy maintenance contracts, and announced a $35M aircraft interiors acquisition expected in Q4 FY2026. Net leverage was 2.49x at Nov 30, 2025. Guidance: Q3 total sales growth 20%–22%; full-year sales approaching 17%.
AAR CORP (NYSE: AIR) announced that Thai Airways selected Trax and Aerostrat on Jan 5, 2026 to modernize its digital MRO operations. Trax will provide its eMRO ERP, eMobility apps and cloud hosting for real-time data access and streamlined workflows across global operations. Aerostrat will supply its Aerros maintenance planning software for long-range forecasting and optimization. Both vendors will deploy proprietary AI-powered planning, workflow automation, and defect-resolution tools. The combined solution is described as adding scalability, security, and flexibility, reducing reliance on paper, improving turnaround times, and lowering environmental footprint.
AAR (NYSE:AIR) announced it has begun executing an exclusive commercial distribution agreement with TRIUMPH, effective Jan. 5, 2026. AAR will be the exclusive distributor for TRIUMPH's commercial actuation product line, which includes more than 100 top-level assemblies and subcomponents used on Boeing and Airbus commercial platforms.
The arrangement is described as complementary to AAR's existing parts supply and distribution capabilities and leverages AAR's global sales force and delivery network to support commercial airlines and MRO customers.
AAR (NYSE:AIR) entered a definitive agreement to acquire Aircraft Reconfig Technologies for $35 million in an all-cash transaction, subject to customary adjustments and closing conditions. The target, founded in 1990 with about 100 employees in Greensboro, North Carolina, provides passenger aircraft reconfiguration services including project management, engineering, and certification.
Aircraft Reconfig Technologies holds an FAA Part 21 and ODA, plus patents, PMA and supplemental type certificates; AAR says these qualifications will expand in-house engineering and certification within its Repair & Engineering segment. The deal is expected to close in Q4 of AAR's Fiscal 2026 and is described as accretive to margins and earnings.