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) launched Airvoyant on April 21, 2026, an AI-driven procurement platform for airlines and MROs that connects buyers to suppliers, searches inventory, consolidates quotes, and supports one-click purchasing.
Built on AWS and integrated with Aeroxchange and Trax, Airvoyant uses AI agents to analyze quotes, recommend purchases, and aims to add negotiation and vendor-optimization agents later in 2026.
AAR (NYSE:AIR) was awarded an approximately $305 million firm-fixed-price indefinite-delivery/indefinite-quantity contract to provide contractor logistics support for the U.S. Navy and Marine Corps C-40A fleet, focused on operational readiness and long-term sustainment.
The contract covers main operating base logistics, field teams, scheduled and unscheduled depot and organizational maintenance, modification and repair, commercial line maintenance, and support equipment services.
AAR (NYSE: AIR) will host an Investor Day on Tuesday, May 12, 2026 in New York City, starting at 8:30 a.m. ET. Executives including CEO John M. Holmes and CFO Dylan Wolin will present strategic priorities, growth initiatives, and financial objectives with presentations and Q&A.
In-person registration details will be sent to investors; the event will be available via live webcast and replay on the company investor website.
AAR (NYSE: AIR) reported Q3 FY2026 results for the quarter ended Feb 28, 2026, with total sales of $845.1M, up 25% year‑over‑year, GAAP diluted EPS of $1.71, adjusted diluted EPS of $1.25 (up 26%), and adjusted EBITDA of $102M (up 26%).
Parts Supply grew sharply (+45%), organic adjusted sales rose 14% in the quarter, net income was $68.0M, operating cash flow was $74.7M, and net leverage improved to 2.17x. The company reiterated FY2026 guidance with Q4 sales growth of 19%–21%.
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.