WOOD DALE, Ill., Oct. 16, 2019 /PRNewswire/ -- AAR (NYSE: AIR), a
leading provider of aviation services to commercial airlines and
governments worldwide, announces that Alaska Airlines has signed on
for a digital trial of Airvolution®, AAR's innovative
cloud-based platform for efficient component repair cycle
management.
The two organizations will work closely over the coming months
to achieve seamless integration of Airvolution with Alaska
Airlines' existing technology stack and selected supplier base.
Incorporating AAR's expertise in component repair management and
digital service integration, this innovative platform enables
customers to centralize and gain maximum visibility into their
component repair cycle — as well as provides access to AAR's
proprietary analytics and business intelligence capabilities.
Through this partnership, Alaska Airlines can expect to improve
efficiencies, reduce operational costs, maximize productivity and
gain enhanced component availability.
"Alaska Airlines is excited to begin a trial of this advanced
component repair system to enhance our efficiency, reduce
turnaround times and ensure maximum component availability," said
Justin Neff, Alaska Airlines MD,
Engine, Component, Material and Lease Management. "This new
partnership reflects the latest stage in an ongoing and successful
relationship between our organizations and demonstrates our mutual
commitment to efficiency and innovation."
"We are thrilled to partner with Alaska Airlines to integrate
our highly advanced component repair management system,
Airvolution, into their supply chain," said Ken Hein, AAR SVP of Operations. "This
cloud-based, streamlined tool provides Alaska Airlines with
real-time tracking and complete visibility of their component
repair process, along with expert analytics, to transform their
business and benefit their bottom line."
For more information about Airvolution, please click here.
About AAR
AAR is a global aerospace and defense
aftermarket solutions company that employs more than 6,000 people
in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and
government customers through two operating segments: Aviation
Services and Expeditionary Services. AAR's Aviation Services
include Parts Supply; OEM Solutions; Integrated Solutions; and
Maintenance, Repair and Overhaul (MRO) Services. AAR's
Expeditionary Services include Mobility Systems and Composite
Manufacturing operations. Additional information can be found at
www.aarcorp.com.
About Alaska Airlines
Alaska Airlines and its
regional partners fly 46 million guests a year to more than 115
destinations with an average of 1,300 daily flights across
the United States and to
Mexico, Canada and Costa
Rica. With Alaska and
Alaska Global Partners, guests can earn and redeem miles on flights
to more than 800 destinations worldwide. Alaska Airlines ranked
"Highest in Customer Satisfaction Among Traditional Carriers in
North America" in the J.D. Power
North America Airline Satisfaction Study for 12 consecutive years
from 2008 to 2019. Learn about Alaska's award-winning service at
newsroom.alaskaair.com and blog.alaskaair.com. Alaska Airlines and
Horizon Air are subsidiaries of Alaska Air Group.
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, 2019. 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