BERKSHIRE, England, Sept. 25,
2024 /PRNewswire/ -- AAR CORP. (NYSE: AIR) subsidiary
Airinmar, a leading independent provider of component repair
cycle management and aircraft warranty solutions, has signed an
extension with Singapore Airlines.
The extension utilizes Airinmar's full scope of repair cycle
management services, including repair order, quote, and turnaround
time (TAT) management; repair cost value engineering; component
warranty recovery; and TAT guarantee enforcement. Airinmar will
also continue using its proprietary online systems to optimize
Singapore Airlines' repair order status management and consolidate
repair quotations.
"Airinmar has provided repair cycle management services and
systems to Singapore Airlines since 2005 and is delighted to
continue our long-term relationship," said Matt Davies, Airinmar's General Manager. "We are
proud to successfully deliver our full range of services to support
the airline with repair cost reduction and component availability
across their passenger and cargo fleets."
For more information on Airinmar's industry-leading
services, visit https://www.airinmar.com/.
About Airinmar
Airinmar has supported airlines, MROs,
OEMs, helicopter operators, and military programs for over 35 years
through the delivery of its tailored component repair and warranty
management support services, which deliver reduced repair
expenditure, improved component availability, and enhanced
operational efficiencies. Airinmar is a subsidiary of global
aviation aftermarket leader AAR. Additional information can be
found at https://www.airinmar.com/.
About AAR
AAR is a global aerospace and defense
aftermarket solutions company with operations in over 20 countries.
Headquartered in the Chicago area,
AAR supports commercial and government customers through four
operating segments: Parts Supply, Repair & Engineering,
Integrated Solutions, and Expeditionary Services. Additional
information can be found at aarcorp.com.
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This press release may
contain 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, reflecting management's
expectations about future conditions, including anticipated
activities and benefits under the extended agreement.
Forward-looking statements may also be identified because they
contain words such as ''anticipate,'' ''believe,'' ''continue,''
''could,'' ''estimate,'' ''expect,'' ''intend,'' ''likely,''
''may,'' ''might,'' ''plan,'' ''potential,'' ''predict,''
''project,'' ''seek,'' ''should,'' ''target,'' ''will,'' ''would,''
or similar expressions and the negatives of those terms. 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. For
a discussion of these and other risks and uncertainties, refer to
"Risk Factors" in our most recent Annual Report on Form 10-K and
subsequent Quarterly Reports on Form 10-Q. 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.
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Contact:
Media Team
+1-630-227-5100
Editor@aarcorp.com
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SOURCE Airinmar
