AAR Signs Agreement with LORD Electromechanical Solutions for Airbus Flight Control Equipment Repairs

WOOD DALE, Illinois, July 11, 2018 — AAR (NYSE: AIR) announced today its OEM Aftermarket Solutions group has signed an agreement with LORD Corporation to be its channel to the Americas market for LORD Flight Control Equipment repairs.

The LORD products covered by this agreement are cockpit controls for systems on Airbus commercial fixed-wing aircraft. LORD acquired LORD Electromechanical Solutions (formerly Fly-by-Wire Systems France) from SKF in June 2016 and established a U.S.-based repair station for the products in August 2017. AAR will manage customer repairs going into LORD’s Cambridge Springs, Pa., facility.

“We are excited to expand our existing LORD relationship with the addition of these repair service offerings,” said Darren Spiegel, Vice President, AAR OEM Aftermarket Solutions. “We are proud to bring OEM assurance to operators looking for repair solutions on this flight-critical line of components.”

AAR currently distributes a line of LORD Engine Mounts, APU Mounts, and Equipment Isolators for commercial fixed-wing and military fixed- and rotor-wing aircraft.

”LORD is committed to supplying its customers with quality products and repairs in a timely manner,” said Rachid Bendali, Vice President, Global Aerospace & Defense, LORD Corporation. “We look forward to providing optimal OEM repair service to operators of Airbus aircraft based in the Americas in cooperation with AAR.”