AAR Signs Long-Term Component Repair Contract with Russia’s Utair

WOOD DALE, Illinois, January 31, 2018 – AAR (NYSE: AIR), a worldwide provider of aviation services to commercial airlines and governments, has announced a long-term agreement between AAR Aircraft Component Repair – Amsterdam and the Russian airline, Utair Aviation. Under the eight-year deal, AAR provides component repair and exchange for Utair’s B737 and ATR fleets, as well as reliability engineering support to improve on-wing component reliability.

“This agreement reinforces the significance of our growing relationship with Utair,” said Andre op’t Hof, Director of Commercial Operation, AAR Component Repair – Amsterdam. “The inclusion of reliability engineering allows us to go beyond what the manual requires for shop visits and also to schedule failure-preventing removals.”

“Utair wanted to invest in component availability and on-wing performance to increase efficiency and decrease costs,” said Alexander Vasiliev, Deputy Director for Technical Operations, Utair. “We had already been working with AAR’s Component Repair shop in Amsterdam and decided to sign a contract to become a priority customer and guarantee turn times on repairs.”

AAR’s Component Repair shops in Amsterdam and New York are recognized leaders in providing repair services for more than 6,000 components to both commercial and government customers.