AAR(AIR)

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AAR announces participation in 2025 RBC Capital Markets Global Industrials Conference
Prnewswire· 2025-09-08 20:30
For more information about this event or to schedule a meeting with AAR's senior management, please contact AAR's Investor Relations at [email protected].  About AARAAR 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 ...
AAR to announce first quarter fiscal year 2026 results on September 23, 2025
Prnewswire· 2025-09-08 12:30
WOOD DALE, Ill. , Sept. 8, 2025 /PRNewswire/ -- AAR CORP. ...
AIR LEASE CORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Air Lease Corporation - AL
Businesswire· 2025-09-05 16:21
Sep 5, 2025 12:21 PM Eastern Daylight Time AIR LEASE CORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Air Lease Corporation - AL Share NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF†) are investigating the proposed sale of Air Lease Corporation (NYSE: AL) to Sumitomo Corporation, SMBC Aviation Capita ...
AAR's Segment Secures a Contract for Mobility Solutions
ZACKS· 2025-09-05 15:01
Key Takeaways AAR's Mobility Systems unit secured a Defense Logistics Agency contract worth up to $85 million.The deal includes shipping containers, shelters and accessories for multiple U.S. military branches.AIR shares have risen 15.3% in three months, outpacing the industry's 2.3% growth.AAR Corporation’s (AIR) Mobility Systems unit recently secured a contract from the Defense Logistics Agency Troop Support. The contract has a one-year base with four optional one-year renewals, giving it a potential valu ...
AAR awarded new mobility solutions contract by Defense Logistics Agency Troop Support
Prnewswire· 2025-09-04 20:30
Core Insights - AAR CORP. has been awarded a contract valued at up to $85 million to provide mobility solutions to the Defense Logistics Agency Troop Support, which includes a one-year base period and four one-year option periods [2][4]. Company Overview - AAR CORP. is a leading provider of aviation services to commercial and government operators, MROs, and OEMs, with operations in over 20 countries [5]. - The company has been supplying mobility solutions to the U.S. government for over 30 years, demonstrating a strong track record in quality and customer service [4][5]. Product Offering - The contract allows the government to order a comprehensive suite of specialized shipping and storage containers, shelters, and accessories, aimed at addressing logistical challenges faced by military operators [2][3]. - AAR's mobility solutions are designed to be versatile and lightweight, enhancing the ability to move personnel and equipment effectively [3][4]. Customer Base - AAR's customers include major branches of the U.S. military, such as the Army, Navy, Air Force, and Marine Corps, as well as other federal civilian agencies [3].
AAR signs exclusive defense distribution agreement with AmSafe Bridport
Prnewswire· 2025-08-28 20:45
WOOD DALE, Ill., Aug. 28, 2025 /PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed a new multi-year defense distribution agreement with AmSafe Bridport, a TransDigm company. Under this agreement, AAR will become the exclusive KC-46 and C-40 platform distributor for direct and indirect sales to the global defense and military aftermarket, including the United States Defense Logistics Agency (DLA), United States Arme ...
AAR(AIR) - 2025 H2 - Earnings Call Transcript
2025-08-27 23:02
Air New Zealand (AIR) H2 2025 Earnings Call August 27, 2025 06:00 PM ET Company ParticipantsKimberley Cootes - Senior Manager - IRGreg Foran - CEORichard Thomson - CFOAndy Bowley - Head of ResearchLeila Peters - General Manager of Corporate FinanceMarcus Curley - Head - Australia & NZ ResearchKimberley Cootesora, and good morning, everyone. Today's call is being recorded and will be accessible for future playback on our Investor Centre website, which you can find at www.enz.co.nzinvestorcentre. Also on the ...
AAR(AIR) - 2025 H2 - Earnings Call Transcript
2025-08-27 23:00
Financial Data and Key Metrics Changes - The company reported earnings before taxation of $89 million and a net profit after tax of $126 million, despite facing significant operational constraints [8][20] - The financial results were significantly impacted by ongoing engine availability issues, with an estimated gross impact of $280 million to $320 million for the year [21][22] - Compensation received from engine manufacturers amounted to $129 million, with $107 million related to the 2025 financial period, recovering about one-third of the financial impact [21][22] Business Line Data and Key Metrics Changes - The transformation program delivered approximately $100 million in incremental EBITDA benefits, with a shift in focus towards ancillary revenue and premium cabin demand [5][16] - The company operated 4% less capacity than the prior year, affecting both top-line revenue and productivity [6][22] - The loyalty program, AirPoint, surpassed 5 million members, indicating strong customer engagement [11] Market Data and Key Metrics Changes - Domestic demand remains soft, particularly in Wellington, with government travel down 10% and corporate travel down 5% [11][58] - International demand, particularly on the Tasman route, remains strong, with plans to add capacity to existing routes [12][60] - Outbound demand to North America has held steady, supported by a strong U.S. dollar, although a shorter booking curve has been noted [13][61] Company Strategy and Development Direction - The company is focused on improving customer experience, strengthening digital infrastructure, and enhancing operational resilience [5][14] - Future capacity growth is expected to be low single digits in FY 2026, with a more significant increase anticipated in FY 2027 and FY 2028 as engine constraints ease [6][40] - The company aims to leverage digital systems and AI to improve cost efficiencies and maintain stable fixed costs as the network grows [27][46] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by engine availability issues, which have proven to be more persistent than expected [35][39] - The outlook for FY 2026 remains constrained, with expectations of non-fuel cost inflation of 3% to 5% due to increased aviation sector levies and charges [51][52] - Management expressed confidence in recovery as engine challenges and economic conditions improve, with a focus on maintaining customer satisfaction and operational performance [52][90] Other Important Information - The company declared a final dividend of $1.25 per share, totaling approximately $40 million for the year [34] - The company has a robust capital management framework in place, with liquidity exceeding target ranges [33] Q&A Session Summary Question: Clarification on FY 2026 non-fuel operating cost inflation - Management confirmed that the transformation benefits for FY 2026 are expected to offset non-fuel cost inflation pressures [54][56] Question: Insights on domestic and international demand - Management noted that while Wellington remains challenging, other regions like Christchurch and Queenstown are performing better, and international demand, particularly from Australia, is strong [57][60] Question: Guidance on compensation and liquidity - Management indicated that the first half guidance assumes a reduction in compensation from engine manufacturers and noted that liquidity remains strong [80][82]
AAR(AIR) - 2025 H2 - Earnings Call Presentation
2025-08-27 22:00
Financial Performance - Air New Zealand's operating revenue reached $6.8 billion, consistent with the previous year[35] - Earnings before taxation (EBT) decreased by 15% to $189 million[35] - Net profit after taxation (NPAT) declined by 14% to $126 million[35] - The company declared full year unimputed ordinary dividends of 2.5 cents per share[35] Operational Challenges and Mitigation - Aircraft availability challenges resulted in an estimated $165 million adverse impact on 2025 earnings, partially offset by $129 million in compensation[11,37] - Transformation initiatives delivered approximately $100 million in EBITDA benefits in 2025[23] - The airline is actively managing aircraft availability due to global engine maintenance delays, with up to 11 aircraft grounded out of a 60 jet fleet in 2025[27] Capacity and Demand - Available Seat Kilometers (ASKs) decreased by 4%[11] - Passenger numbers decreased by 3% to 16 million[11] - Loyalty members increased by 9% to over 5 million[12] Future Outlook - The airline anticipates a 2% to 4% increase in group capacity in 2026, equating to approximately 90% of pre-Covid capacity[77] - Fuel costs for 2026 are estimated at approximately $1.5 billion, assuming a jet fuel price of US$85 per barrel, with approximately 70% of volumes hedged[79,105] - Continued price increases in landing charges, aviation security, and air navigation for 2026 are expected to result in approximately $85 million (13%) incremental cost[79]
AAR announces acquisition of maintenance planning software provider Aerostrat, expanding capabilities of Trax subsidiary
Prnewswire· 2025-08-12 12:00
WOOD DALE, Ill., Aug. 12, 2025 /PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today it has acquired Aerostrat, a leading long-range maintenance planning software company, for a purchase price of $15 million plus contingent consideration of up to $5 million. The acquisition immediately expands the reach of AAR's software offerings and the enterprise resource planning system (ERP) capabilities of AAR's Trax subsi ...