AAR launches additional Fellowship Programs to expand aviation maintenance technician pipeline
AAR CORP. (NYSE: AIR) has launched Fellowship Programs in collaboration with Vincennes University and Aviation Institute of Maintenance in Indianapolis to enhance the aviation maintenance technician workforce. These programs offer scholarships for students pursuing Airframe and Powerplant certifications while ensuring guaranteed employment at AAR after graduation. This initiative reinforces AAR's commitment to address the growing demand for aviation maintenance technicians, mirroring the industry's pilot shortage. The inaugural class of Fellows successfully graduated earlier this year in Rockford, Illinois.
- Launch of Fellowship Programs with Vincennes University and Aviation Institute of Maintenance to attract talent.
- Guaranteed employment for selected Fellows after completion of their programs.
- Addresses the critical shortage of aviation maintenance technicians, enhancing AAR's market position.
- None.
Wood Dale, Illinois, Aug. 02, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced the launch of Fellowship Programs with Vincennes University and Aviation Institute of Maintenance (AIM) in Indianapolis. A leader in developing the aviation maintenance technician pipeline, AAR continues expanding efforts to attract talent to the field.
AAR’s latest Fellowship Programs build on longstanding relationships with Vincennes University and AIM and complement AAR’s existing EAGLE Career Pathway Program designed to meet the future demands of the industry.
Students selected as AAR Fellows receive scholarships to pursue Airframe and Powerplant programs while working at an AAR MRO facility. After graduation, Fellows in good standing are guaranteed employment with AAR.
Earlier this year, AAR matriculated its inaugural class of Fellows at its Fellowship Program in Rockford, Illinois.
“AAR’s Fellowship Program removes the cost of education as a barrier to enter the aviation maintenance technician field,” said Michael Gehrich, Vincennes University’s Director of Aviation. “This shows AAR’s commitment to help fill the aviation maintenance technician pipeline and connect students with the potential for a six-figure career track.”
“The need for aviation maintenance technicians is as critical as the shortage of pilots and continues to grow,” explained Brian Sartain, AAR’s Vice President, Repair and Engineering. “AAR continues to lead the industry in addressing the need for mechanics in the industry while strengthening our relationships with these schools through our Fellowship Program.”
For more information on AAR’s efforts to build the aviation maintenance technician pipeline, visit aarcorp.com/eagle-pathway-program/.
About AAR
AAR 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 two operating segments: Aviation Services and Expeditionary Services. AAR’s Aviation Services include Parts Supply; OEM Solutions; Integrated Solutions; and Maintenance, Repair, and Overhaul (MRO) Services. AAR’s Expeditionary Services include Mobility Systems operations. Additional information can be found at aarcorp.com.
| 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 which reflect management’s expectations about future conditions, including showing AAR’s commitment to help fill the aviation maintenance technician pipeline and connect students with the potential for a six-figure career track, and continuing to lead the industry in addressing the need for mechanics in the industry while strengthening our relationships with these schools through our Fellowship Program. Forward-looking statements may also be identified because they contain words such as ‘‘anticipate,’’ ‘‘believe,’’ ‘‘continue,’’ ‘‘could,’’ ‘‘estimate,’’ ‘‘expect,’’ ‘‘intend,’’ ‘‘likely,’’ ‘‘may,’’ ‘‘might,’’ ‘‘plan,’’ ‘‘potential,’’ ‘‘predict,’’ ‘‘project,’’ ‘‘seek,’’ ‘‘should,’’ ‘‘target,’’ ‘‘will,’’ ‘‘would,’’ or similar expressions and the negatives of those terms. 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. For a discussion of these and other risks and uncertainties, refer to “Risk Factors” in our most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. 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. |
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