Wed, Jan 17, 2007
Will Continue Operations In Hot Springs, AR Under New Name
AAR Corp. announced this week
it has acquired a substantial portion of the assets of Reebaire
Aircraft, Inc., a regional aircraft maintenance, repair, and
overhaul facility located in Hot Springs, AR. The newly acquired
business will operate under the name AAR Aircraft Services-Hot
Springs.
The acquisition is part of the Company's strategy to expand its
MRO business and its support of regional aircraft operators.
Year-over-year, AAR's sales to regional airline customers have
increased 48 percent.
"The Reebaire acquisition doubles the size of our regional MRO
capacity and strengthens the Company's position in this
fast-growing market," said David P. Storch, Chairman, President and
Chief Executive Officer of AAR CORP. "This business will report
into our Oklahoma City operation, which has a proven track record
for producing excellent results. Additionally, we expect strong
synergies with our supply chain business."
Maintenance and support requirements for regional aircraft are
expected to increase as the worldwide fleet continues to grow and
mature. AAR states it is well positioned to meet these requirements
with a broad range of cost-effective services that include
logistics; component repair; overhaul of landing gear, wheels and
brakes; nose-to-tail aircraft maintenance and engineering
modifications.
AAR is a leading provider of products and value-added services
to the worldwide aviation/aerospace industry. With facilities and
sales locations around the world, AAR uses its
close-to-the-customer business model to serve airline and defense
customers through four operating segments: Aviation Supply Chain;
Maintenance, Repair and Overhaul; Structures and Systems and
Aircraft Sales and Leasing.
More News
Runway Centerline Lighting Flush centerline lights spaced at 50-foot intervals beginning 75 feet from the landing threshold and extending to within 75 feet of the opposite end of t>[...]
Aero Linx: Air Force Global Strike Command Air Force Global Strike Command, activated August 7, 2009, is a major command with headquarters at Barksdale Air Force Base, Louisiana, i>[...]
Also: Viasat-uAvionix, UL94 Fuel Investigation, AF Materiel Command, NTSB Safety Alert Norges Luftsportforbund chose Aura Aero's little 2-seater in electric trim for their next gli>[...]
Also: USCG Retires MH-65 Dolphins, Irish Aviation Authority, NATCA Warns FAA, Diamond DA42 AD This summer, history enthusiasts will have a unique opportunity to experience World Wa>[...]
Also: Moya Delivery Drone, USMC Drone Pilot, Inversion RAY Reentry Vehicle, RapidFlight UAVOS has recently achieved a significant milestone in public safety and emergency services >[...]