WOOD DALE, Ill., Sept. 25, 2017 /PRNewswire/ -- Global
aviation services leader AAR (NYSE: AIR) and Air Canada (TSX: AC)
today announced they have signed a 5-year agreement to provide
airframe maintenance for the airline's fleet of 34 Boeing 767 at
AAR's Miami MRO facility. The contract will commence later this
year and ramp up over three months.
Air Canada's Senior Vice
President, Operations, Rich Steer,
added, "We have been pleased with the work performed by AAR on Air
Canada's fleet. This contract assures Air Canada of a quality
solution for our Boeing 767 maintenance needs through AAR's
extensive and proven capabilities in this field."
"We are excited to expand our long-term relationship with Air
Canada to their 767 fleet," said Chris
Jessup, Chief Commercial Officer, AAR. "Our Miami MRO is a
world-class facility that can accommodate wide-body aircraft and
provides good-paying jobs to American workers."
In addition to Miami, AAR's
award-winning network includes airframe maintenance facilities in
Indianapolis, Indiana;
Oklahoma City, Oklahoma;
Duluth, Minnesota, Rockford, Illinois; Trois-Rivières, Quebéc;
and Windsor, Ontario, as well as
component repair facilities in New
York and Amsterdam; and
landing gear services in Miami.
Across these sites, AAR provides industry leading maintenance,
repair and overhaul for regional, narrow-body and wide-body
aircraft operators. AAR is the largest MRO services provider in the
Americas and third worldwide.
About AAR
AAR is a global aftermarket solutions company that employs more
than 5,000 people in over 20 countries. Based in Wood Dale, Illinois, AAR provides aviation
services to commercial and government customers in over 100
countries through two operating segments: Aviation Services and
Expeditionary Services. AAR's Aviation Services include inventory
management; parts supply; OEM parts distribution; aircraft
maintenance, repair and overhaul; and component repair. AAR's
Expeditionary Services include airlift operations; mobility
systems; and command and control centers in support of military and
humanitarian missions. More information can be found at
www.aarcorp.com.
About Air Canada
Air Canada is Canada's largest domestic and international
airline serving more than 200 airports on six continents.
Canada's flag carrier is among the
20 largest airlines in the world and in 2016 served close to 45
million customers. Air Canada provides scheduled passenger
service directly to 64 airports in Canada, 57 in the
United States and 96 in Europe, the Middle
East, Africa, Asia, Australia, the Caribbean, Mexico, Central
America and South America.
Air Canada is a founding member of
Star Alliance, the world's most
comprehensive air transportation network serving 1,300 airports in
191 countries. Air Canada is the only international network
carrier in North America to
receive a Four-Star ranking according to independent U.K. research
firm Skytrax, which also named Air Canada the 2017 Best Airline in
North America. For more information, please visit:
www.aircanada.com, follow @AirCanada on Twitter and join Air Canada
on Facebook.
This press release contains certain statements relating to
future results, which are forward-looking statements as that term
is defined in the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are based on beliefs of Company
management, as well as assumptions and estimates based on
information currently available to the Company, and are subject to
certain risks and uncertainties that could cause actual results to
differ materially from historical results or those anticipated,
including those factors discussed under Item 1A, entitled "Risk
Factors", included in the Company's Form 10-K for the fiscal year
ended May 31, 2017. Should one or
more of these risks or uncertainties materialize adversely, or
should underlying assumptions or estimates prove incorrect, actual
results may vary materially from those described. These
events and uncertainties are difficult or impossible to predict
accurately and many are beyond the Company's control. The
Company assumes no obligation to update any forward-looking
statements to reflect events or circumstances after the date of
such statements or to reflect the occurrence of anticipated or
unanticipated events. For additional information, see the comments
included in AAR's filings with the Securities and Exchange
Commission.
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SOURCE AAR