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AAR Corp (AIR.N)

AIR.N on New York Stock Exchange

40.44USD
23 Jan 2018
Change (% chg)

$-0.59 (-1.44%)
Prev Close
$41.03
Open
$40.80
Day's High
$41.05
Day's Low
$40.41
Volume
40,392
Avg. Vol
75,326
52-wk High
$44.01
52-wk Low
$31.25

Latest Key Developments (Source: Significant Developments)

AAR Corp Provides FY 2019 Financial Guidance
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - AAR Corp ::AAR SEES FY 2019 SALES $2.1 BILLION TO $2.2 BILLION; 2019 ADJUSTED EBITDA OF $180 MILLION TO $190 MILLION ; 2019 DILUTED EPS OF $2.50 TO $2.80.FY2019 EARNINGS PER SHARE VIEW $2.38, REVENUE VIEW $2.27 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

AAR Says CEO David Storch Announced Plans To Retire
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - AAR Corp ::AAR CEO DAVID P. STORCH ANNOUNCES PLANS TO RETIRE.AAR CORP - PRESIDENT & COO JOHN M. HOLMES TO BECOME CEO JUNE 1, 2018.AAR CORP - STORCH WILL CONTINUE TO LEAD BOARD AS ITS NON-EXECUTIVE CHAIRMAN.  Full Article

Aar Reports Second Quarter Fiscal Year 2018 Results
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Aar Corp ::AAR REPORTS SECOND QUARTER FISCAL YEAR 2018 RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $0.35 EXCLUDING ITEMS.Q2 LOSS PER SHARE $0.66.Q2 SALES $449.7 MILLION VERSUS I/B/E/S VIEW $449.7 MILLION.Q2 EARNINGS PER SHARE VIEW $0.36 -- THOMSON REUTERS I/B/E/S.  Full Article

AAR Corp - Court Of Federal Claims (COFC) entered judgment in favor of U.S. Government
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - AAR Corp :AAR Corp - Court Of Federal Claims (COFC) entered judgment in favor of U.S. Government, upholding award of WASS by U.S Department Of State.AAR Corp - ‍AAR airlift is ready to commence work immediately under WASS contract that was awarded in September 2016 by U.S. State department​.  Full Article

AAR and AAR Canada Holdings enter into credit agreement with Canadian Imperial Bank of Commerce​
Friday, 20 Oct 2017 

Oct 20 (Reuters) - AAR Corp :AAR - ‍on Oct 18, AAR, as parent guarantor, AAR Canada Holdings ULC, as borrower, entered credit agreement with Canadian Imperial Bank of Commerce, as lender​.AAR Corp - ‍credit agreement creates a Canadian $31 million term loan​ - SEC filing.AAR Corp - ‍net proceeds of loan will be used to pay a portion of amount outstanding under AAR's credit agreement dated as of April 12, 2011​.  Full Article

AAR says expects to generate incremental revenues of about $30-40 mln/year upon implementation of agreements with Air Canada, acquisition of MRO facilities
Monday, 2 Oct 2017 

Oct 2 (Reuters) - AAR Corp :AAR - expects to generate incremental revenues of about $30-40 million/year upon full implementation of agreements with Air Canada, acquisition of MRO facilities.  Full Article

AAR reports Q1 earnings per share $0.31
Tuesday, 19 Sep 2017 

Sept 19 (Reuters) - AAR Corp :AAR reports first quarter 2018 results.Q1 earnings per share $0.31.Q1 sales $439.2 million versus I/B/E/S view $412.1 million.Q1 earnings per share view $0.30 -- Thomson Reuters I/B/E/S.  Full Article

AAR signs component support agreement with Hawaiian Airlines
Monday, 31 Jul 2017 

July 31 (Reuters) - AAR Corp ::AAR signs component support agreement with Hawaiian Airlines.Co ‍will be providing flight-hour component support for airline's fleet of 18 A321neo's​.  Full Article

Aar signs agreement with flydubai to support Boeing 737 max aircraft
Wednesday, 19 Jul 2017 

July 19 (Reuters) - Aar Corp :Aar signs agreement with flydubai to support boeing 737 max aircraft.says Dubai-based airline is set to take delivery of 100 boeing 737 max 8 aircraft ordered at 2013 dubai international airshow by end of 2023.  Full Article

AAR reports Q4 sales $492.3 million
Tuesday, 11 Jul 2017 

July 11 (Reuters) - AAR Corp :AAR reports fourth quarter and fiscal year 2017 results.Q4 earnings per share $0.44 from continuing operations.Q4 sales $492.3 million versus I/B/E/S view $481 million.Q4 earnings per share view $0.43 -- Thomson Reuters I/B/E/S.AAR Corp says net debt at May 31, 2017 increased to $149.0 million compared to $118.9 million at May 31, 2016.AAR Corp says board authorized a new stock repurchase program that provides for repurchase of up to $250 million of company's stock.  Full Article

BRIEF-AAR Corp Provides FY 2019 Financial Guidance

* AAR SEES FY 2019 SALES $2.1 BILLION TO $2.2 BILLION; 2019 ADJUSTED EBITDA OF $180 MILLION TO $190 MILLION ; 2019 DILUTED EPS OF $2.50 TO $2.80