BNET Industries
Market Cap:$605.6M
Last Fiscal Year Sales:$1.3B
- Public
- US
Dow Jones Description
AAR provides a wide range of products and value-added services for the aviation/aerospace industry. Using a "close-to-the-customer" business model, AAR serves airline and defense customers through four operating segments: - Aviation Supply Chain - Maintenance, Repair and Overhaul - Structures and Systems - Aircraft Sales & Leasing Headquartered in Wood Dale, Illinois, a Chicago suburb near O'Hare International Airport, AAR employs approximately 3,500 people at more than 40 locations around the world. AAR has more than half a century of experience helping commercial and government customers achieve their goals while controlling costs. Our commitment to quality, safety, customer satisfaction and airworthiness serves as the cornerstone of our business. For more detailed information, check out the AAR Fact Sheet.
CEODavid P. Storch
Number of Employees 5,400
Contact Information
1 AAR Pl 1100 N Wood Dale Rd
Wood Dale, Illinois 60191
(630) 227-2000
Peer Companies
NAICS Code Aircraft Engine and Engine Parts Manufacturing: 336412
Recent Events
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AAR Names Randy Martinez Senior Vice President, Government & Defense Programs
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AAR Names Randy Martinez Senior Vice President, Government & Defense Programs
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Danny Martinez Joins AAR as Vice President & General Manager of AAR Aircraft Services -...
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AAR reports flat 3Q profit as aircraft sales dropÂ
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FAA Consent Order Terminates Emergency Suspension of AAR Landing Gear Services
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UPDATE 2-Oligarchs win BP concession in TNK peace deal
News & Analysis
Filter by
aar corp. - All News and Analysis
Airline Execs Say Industry Outlook Still Grim
By Neil Chatterjee and Sara WebbKUALA LUMPUR (Reuters) - Demand for air travel could decline further despite signs of a more stable global economy, and prospects of a recovery this year look slim, industry executives said at a meeting of the world's airlines on Sunday.Cargo demand may have stabilized, but...
AAR Corp.: Exclusive Audio Interview with CEO David Storch
Chris Fernandez submits: After AAR Corp. (NYSE: AIR) reported earnings and hosted their analyst conference cal, I had the pleasure of speaking with AAR’s CEO David Storch in wide ranging interview that is now available for you to listen to. The interview covered a broad range of topics from...
AAR Corp.: 3Q Earnings a Mixed Bag
Chris Fernandez submits: I’m torn… AAR Corp. (NYSE: AIR) reported earnings Wednesday after the market closed and followed that up with their analyst conference call before the market opened today. by Chris Fernandez
AAR CORP. F3Q09 (Qtr End 02/28/09) Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions Our first question is from Larry Solow of CJS Securities. Your line is open. Larry Solow – CJS Securities Hi good morning. Can you maybe discuss your Aviation Supply, it looks like your margins actually were, it surprised me, held up pretty well, obviously I...
AAR: Getting Pummeled More than It Should?
Chris Fernandez submits: Just in case you haven’t noticed, shares of AAR Corp. (NYSE: AIR), which provides products and services to the aviation, aerospace, and defense industries worldwide, have taken a dive in the last couple of weeks, more so than would have been expected as a result of a...
AAR: FAA Reopens Landing Gear Facility
Chris Fernandez submits: AAR, Corp. (NYSE: AIR), which had its landing gear operations shut down temporarily last week, has gotten approval from the FAA to reopen their Miami facilities. by Chris Fernandez
AAR: Landing Gear Facility Shutdown Per FAA
Chris Fernandez submits: AAR, Corp. (NYSE: AIR), which provides products and services to the aviation, aerospace, and defense industries worldwide, today issued a press release responding to an FAA mandated letter of suspension of operations at the company’s landing gear operations in Miami. Let’s get right to it. by Chris...
AAR Corp. Reports Decent Results, Slower Outlook
Chris Fernandez submits: There is a definite slowdown in AAR Corp’s. (NYSE: AIR) business as a result of the overall market forces and economic malaise, but all things being equal, the company still reported decent numbers after the market closed Wednesday night. As I wrote about previously, I wanted to...
Looking Ahead to AAR’s Earnings
Chris Fernandez submits:What Went Right In the Quarter? Quiet on the home front Aside from a few minor deals with the US government for some additional orders, AAR has been extremely quiet on the home front this quarter. by Chris Fernandez
AAR: By Many Metrics, a Gift At This Price
Chris Fernandez submits: Even though I have already allocated a full position, and then some, to AAR Corp. (NYSE: AIR), the recent sell-off in the market, and with AAR in particular, is WAY overdone. Sometimes you get a gift, and you would be crazy to not take it. by...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| David P. Storch | CEO |
| Timothy J. Romenesko | President and Chief Operating Officer |
| Kevin M. Larson | Chief Information Officer |
| Michael J. Sharp | Chief Accounting Officer |
| Peter K. Chapman | Chief Commercial Officer |
| Richard J. Poulton | Vice President, Chief Financial Officer |
| Andy Sewall | Vice President, Inventory & Logistics Services |
| Art Breithaupt | Vice President Military Sales |
| Ben Sandzer-Bell | Vice President, Strategy Development |
| Dave Cann | Vice President, Regulatory Compliance |
| David E. Prusiecki | Vice President, Defense Programs |
| Donald J. Wetekam | Group Vice President, Maintenance, Repair & Overhaul Segment |
| Frank Boni | Vice President, Sales, Marketing |
| J. Mark McDonald | Group Vice President |
| Jack Arehart | Vice President, Commercial Sales & Marketing |
| James J. Clark | Group Vice President, Aviation Supply Chain |
| John Johnson | Group Vice President, Aircraft Sales and Leasing |
| Michael Â??Mickeyâ?? Cohen | Vice President, Operations and Engineering |
| Michael K. Carr | Vice President, Tax |
| Mickey Cohen | Vice President, Operations |
| Rick Townsend | Vice President, Sales |
| Rob Bruinsma | Vice President, Sales, Marketing |
| Stephen W. Peckham | Vice President, Arm Aviation & Rotocraft Programs |
| Terry Stinson | Group Vice President, Structures & Systems |
| Timothy Skelly | Vice President, Human Resources |
| Robert Sopp | General Manager |
| Jim Bomberger | Director of Sales |
| Bob Tucker | Manager, Reg Sales |
| Jim Sherwood | Manager, Tacom Business Development |
| Tom Caskey | Manager, Reg Sales |
| Tomasz Wilk | Product Manager |
| Rono Dutta | Aar as Senior Advisor |
| Howard A. Pulsifer | Secretary |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| James G. Brocksmith Jr. | Board of Directors |
| Gerald F. Fitzgerald | Board of Directors |
| James E. Goodwin | Board of Directors |
| Marc J. Walfish | Board of Directors |
| Michael R. Boyce | Board of Directors |
| Norman R. Bobins | Board of Directors |
| Patrick J. Kelly | Board of Directors |
| Ronald B. Woodard | Board of Directors |
| Ronald R. Fogleman | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| AAR Aircraft Turbine Center | CEO | Current |
| AAR Corp. | CEO | Current |
| AAR Corp. | Executive Committee Chairman | Current |
| AAR Corp. | President | Former |
| AAR Corp. | Coo | Former |
| AAR Corp. | Vice President | Former |
| AAR Corp. | Board Director | Former |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | President and Chief Operating Officer | Current |
| AAR Corp. | Board of Directors | Current |
| AAR Corp. | Vice President | Former |
| AAR Corp. | Controller | Former |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Chief Information Officer | Current |
| AAR Corp. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Chief Accounting Officer | Current |
| AAR Corp. | Vice President | Current |
| AAR Corp. | Controller | Current |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Chief Commercial Officer | Current |
| AAR Corp. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Vice President, Chief Financial Officer | Current |
| Marquette University | Bachelor's Degree In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Vice President, Inventory & Logistics Services | Current |
| AAR Allen Aircraft | Vice President | Former |
| AAR Aircraft Turbine Center | Vice President, Oper | Former |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Vice President Military Sales | Current |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Vice President, Strategy Development | Current |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Vice President, Regulatory Compliance | Current |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Vice President, Defense Programs | Current |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Group Vice President, Maintenance, Repair & Overhaul Segment | Current |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Vice President, Sales, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Group Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Vice President, Commercial Sales & Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Group Vice President, Aviation Supply Chain | Current |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Group Vice President, Aircraft Sales and Leasing | Current |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Vice President, Operations and Engineering | Current |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Vice President, Tax | Current |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Vice President, Sales | Current |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Vice President, Sales, Marketing | Current |
| AAR Aircraft Component Services-New York | President | Former |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Vice President, Arm Aviation & Rotocraft Programs | Current |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Group Vice President, Structures & Systems | Current |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Vice President, Human Resources | Current |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | General Manager | Current |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Director of Sales | Current |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Manager, Reg Sales | Current |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Manager, Tacom Business Development | Current |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Manager, Reg Sales | Current |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Product Manager | Current |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Aar as Senior Advisor | Current |
Array
| Organization | Position | Status |
|---|---|---|
| Nationwide Mutual Insurance Company | Audit Committees Chairman | Current |
| Sempra Energy | Director | Current |
| Nationwide Financial Services, Inc. | Chairman | Current |
| Sempra Energy | Chair | Current |
| Annuity Insurance Co. | Board of Directors | Current |
| Alberto-Culver Company | Board of Directors | Current |
| Nationwide Financial Services, Inc. | Board of Directors | Current |
| Nationwide Mutual Insurance Company | Director | Current |
| Nationwide Life Insurance Co. | Board of Directors | Current |
| Sempra Energy | Member Corporate Governance | Current |
| Nationwide Mutual Insurance Company | Governance Committee Member | Current |
| Worthington Industries, Inc. | Director | Former |
| CIBER, Inc. | Director | Former |
| Sunterra Corporation | Director | Former |
| Indiana State University | Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Cornerstone Bancorp, Inc. | President | Former |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Secretary | Current |
| UAL Corporation | Senior Counsel | Former |
| AAR Corp. | General Counsel | Former |
Mr. Goodwin was appointed interim President and Chief Executive Officer of our Company in December 2007 and was elected to the Board of Directors in October 2005. He was an independent business consultant from October 2001 to December 2007. From July 1999 to October 2001, Mr. Goodwin served as Chairman and Chief Executive Officer of United Airlines, a worldwide airline operator, that is traded on the NASDAQ (NASDAQ:UAUA). Mr. Goodwin is also a member of the Board of Directors of AAR Corp., a manufacturer of products for the aviation/aerospace industry that is traded on the New York Stock Exchange (NYSE:AIR); and First Chicago Bank & Trust.
| Organization | Position | Status |
|---|---|---|
| Federal Signal Corporation | Director, Interim President and CEO | Current |
| Charter Consulting | Current | |
| Chicago Symphony Orchestra | Board of Directors | Current |
| Jbt Corporation | Board of Directors | Current |
| AAR Corp. | Board of Directors | Current |
| Lewis University | Board of Directors | Current |
| Jbt Corporation Announces Automated Guided Vehicle System | Board of Directors | Current |
| Federal Signal Corporation | Board of Directors | Current |
| UAL Corporation | Chief Executive Officer | Former |
| UAL Corporation | President | Former |
| UAL Corporation | Chief Operating Officer | Former |
| Services, Inc. | Senior Vice President | Former |
| Chicago Symphony Orchestra | trustee | Former |
| UAL Corporation | officer | Former |
| UAL Corporation | Chairman | Former |
| Salem College | bachelor's degree in business administration | Former |
| Organization | Position | Status |
|---|---|---|
| Merit Capital Partners | Managing Director | Current |
| AAR Corp. | Board of Directors | Current |
| Vxi Technology, Inc. | Board of Directors | Current |
| Prudential Capital Group | Senior Vice President | Former |
| Merit Capital Partners | Founder | Former |
| Merit Capital Partners | Partner | Former |
| Autolign Manufacturing Group, Inc. | Former | |
| Prudential Insurance | Former | |
| Boston University | M.B.A. | Former |
| Boston University | B.S.B.A. | Former |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| AAR Corp. | Board of Directors | Current |
Executive News
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AAR Earns Top Honors From FAA for Fifth Consecutive Year
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AAR Earns Top Honors From FAA for Fifth Consecutive Year
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AAR Earns Top Honors From FAA for Fifth Consecutive Year
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Aerospace summit speakers optimistic about domestic industry [Tulsa World, Okla.]
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AAR Names Randy Martinez Senior Vice President, Government & Defense Programs
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AAR Names Randy Martinez Senior Vice President, Government & Defense Programs
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