WOOD DALE, Ill., July 31, 2017 /PRNewswire/ -- AAR (NYSE: AIR) has
secured its first Airbus NEO fleet customer by signing a long-term
component support agreement with Hawaii's largest airline, Hawaiian Airlines.
AAR will be providing comprehensive flight-hour component support
for the airline's brand-new fleet of 18 A321neo's via AAR's
inventory hub in Chicago, as well
as stock positioned in Hawaii and
other strategic operating hubs.
"AAR continues to expand our component flight-hour support
business, and we are excited to add the A321neo to our broad range
of supported platforms," said John
Holmes, President & Chief Operating Officer, AAR, at a
Hawaii signing to mark this
important event. "Breaking into a new fleet type is even more
exciting with a strong and successful customer like Hawaiian
Airlines."
"This flight-hour agreement is the latest addition to AAR's
long-term partnership with Hawaiian Airlines, which AAR has been
supporting for over 15 years with our wide range of services," said
Chris Jessup, Chief Commercial
Officer, AAR.
"We are excited to partner with AAR for component support for
our newest A321neo fleet," said Jim
Landers, Vice President of Maintenance and Engineering,
Hawaiian Airlines.
About Hawaiian Airlines
Hawaiian®, the world's most
punctual airline as reported by OAG, has led all U.S. carriers in
on-time performance for each of the past 13 years (2004-2016) as
reported by the U.S. Department of Transportation. Consumer surveys
by Condé Nast Traveler and Travel + Leisure have
placed Hawaiian among the top of all domestic airlines serving
Hawai'i. Now in its 88th year of continuous service, Hawaiian is
Hawai'i's biggest and longest-serving airline.
Hawaiian offers non-stop service to Hawai'i from more U.S.
gateway cities (11) than any other airline, along with service from
Japan, South Korea, China, Australia, New
Zealand, American Samoa and
Tahiti. Hawaiian also provides approximately 170 jet flights daily
between the Hawaiian Islands, with a total of more than 250 daily
flights system-wide. Hawaiian Airlines, Inc. is a subsidiary
of Hawaiian Holdings, Inc. (NASDAQ: HA). Additional information is
available at HawaiianAirlines.com. Follow updates on Twitter
about Hawaiian (@HawaiianAir) and its special fare offers
(@HawaiianFares), and become a fan on its Facebook page.
For career postings and updates, follow
Hawaiian's LinkedIn page.
For media inquiries, please visit Hawaiian Airlines' online
newsroom.
About AAR
AAR is a global aftermarket solutions
company that employs more than 5,000 people in over 20 countries.
Based in Wood Dale, Illinois, AAR
supports commercial aviation and government customers through two
operating segments: Aviation Services and Expeditionary Services.
AAR's Aviation Services include inventory management; parts supply;
OEM parts distribution; aircraft maintenance, repair and overhaul;
and component repair. AAR's Expeditionary Services include airlift
operations; mobility systems; and command and control centers in
support of military and humanitarian missions. More information can
be found at www.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.
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,
including those factors discussed under Item 1A, entitled "Risk
Factors", included in the Company's Form 10-K for the fiscal year
ended May 31, 2017. 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. For additional information, see the comments
included in AAR's filings with the Securities and Exchange
Commission.
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SOURCE AAR