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AAR announces divestiture of non-core Landing Gear Overhaul business to optimize portfolio
AIRAAR(AIR) Prnewswire·2024-12-20 13:00

Core Viewpoint - AAR CORP is planning to divest its Landing Gear Overhaul business, which is expected to create future business opportunities and benefits for the company [1] Group 1: Future Business Opportunities - The divestiture is anticipated to provide benefits that may not be realized as rapidly or to the extent expected [1] - Management's expectations about future conditions are reflected in forward-looking statements regarding the divestiture [1] Group 2: Risks and Uncertainties - Factors that may cause actual results to differ from expectations include the company's ability to close the divestiture and realize anticipated benefits [1] - The impact of the divestiture on the company's operating results and overall business is uncertain [1] - Costs, fees, and expenses related to the divestiture may also affect the company's financial condition [1]