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AAR Corp. - $AIR STOCK NEWS

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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect AAR's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of AAR's position in the market.

Rhea-AI Summary

AAR, a leading aviation services provider, has been recognized on USA TODAY's America's Best Climate Leaders 2024 list. This accolade, determined through a rigorous two-step process involving data analysis and scoring of emission reductions, highlights AAR's commitment to environmental sustainability. Jessica Garascia, Senior VP at AAR, expressed pride in the company's ESG advancements and dedication to ongoing environmental efforts. This recognition underscores AAR's focus on monitoring and mitigating climate-related risks while reporting their environmental impact annually.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.66%
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Rhea-AI Summary

AAR has been named among Newsweek's America's Greatest Workplaces for Diversity 2024. This marks the second consecutive year that AAR has received this recognition, highlighting the company's commitment to fostering a diverse and inclusive work environment. The award, presented by Newsweek and Plant-A Insights Group, stems from a survey that included publicly available data, interviews with HR professionals, and over 1.5 million anonymous employee reviews. AAR's Chief Human Resources Officer, Tracey Patterson, emphasized that inclusivity is a core company value, enhancing innovation and creativity in delivering solutions to customers. For more details on AAR's diversity initiatives, visit their website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.74%
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Rhea-AI Summary

AAR, a key player in aviation services, will join the Stifel Cross Sector Insight Conference on June 5, 2024. Chief Financial Officer Sean Gillen is set to present at 1:50 p.m. Eastern Time. The presentation will be live-streamed, with a recording available later for a year on AAR's investor relations site.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.42%
Tags
conferences
Rhea-AI Summary

AAR Corp. will participate in the Bank of America Transportation, Airlines and Industrials Conference on May 16, 2024. Chief Financial Officer Sean Gillen will lead a fireside chat discussion. Investors can access the live audio webcast and on-demand recording to learn more about the company.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.04%
Tags
conferences
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Rhea-AI Summary
AAR Corp. (NYSE: AIR) extends and expands its distribution agreement with Sumitomo Precision Products Co., for V2500 engine components, aiming to simplify the supply chain and enhance global support for operators and repair facilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.16%
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Rhea-AI Summary
AAR Corp. (NYSE: AIR) was awarded the 2023 Component Repair Supplier of the Year in the Large Volume Category by Atlas Air Worldwide. AAR's Component Services sites in Texas and Kansas were recognized for outstanding performance and process excellence, showcasing the company's commitment to high-quality repairs and industry-leading performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.8%
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none
Rhea-AI Summary
AAR Corp. (AIR) breaks ground on a new maintenance facility in Oklahoma City, expected to be operational by early 2026. The facility will provide 80,000+ square feet of space for all 737 variants, supporting a maintenance commitment from Alaska Airlines. Funding includes a grant from Oklahoma legislators and airport rent concessions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.2%
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none
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Rhea-AI Summary
AAR Corp. (NYSE: AIR) announces an exclusive multi-year commercial distribution agreement with TRIUMPH's Actuation Products & Services business unit, expanding AAR's offerings to the commercial aftermarket on key Boeing and Airbus platforms.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.97%
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Rhea-AI Summary
AAR CORP. (AIR) reports record third-quarter sales of $567 million, up 9% from the previous year, with GAAP diluted earnings per share of $0.39. The company also closed the acquisition of Triumph Group's Product Support business for $725 million, driving 18% sales growth in the commercial business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.94%
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Rhea-AI Summary
AAR Corp. appoints Jeffrey N. Edwards, a seasoned financial expert, to its Board of Directors, expanding the Board's strength. Edwards' extensive experience in financial services, including roles at Merrill Lynch and current positions at prominent companies, enhances AAR's strategic direction and shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.67%
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management
AAR Corp.

NYSE:AIR

AIR Rankings

AIR Stock Data

2.51B
33.02M
4.95%
93.3%
2.7%
Aircraft Engine and Engine Parts Manufacturing
Manufacturing
Link
United States of America
WOOD DALE

About AIR

aar is a global aerospace and defense contractor employing more than 6,500 people with 60 locations in 20 countries. based in wood dale, illinois, aar is one of the leading providers of aircraft maintenance and repair, supply chain and logistics management, technology infrastructure and remote airlift services in the world. we serve customers through two operating segments: aviation services and expeditionary services. aar has an entrepreneurial dynamic culture focused on providing innovative solutions that help customers, operate more efficiently. using our “close-to-the-customer” business model, we offer a diverse and balanced mixed products and services that include: aviation services • mro services • parts & supply chain expeditionary services • airlift • mobility aar has 60 years of experience helping customers do more with less. aar’s connected and talented employees drive our dynamic culture, which makes aar a great place to work. with our focus on innovation, the