AIR News & Events

AAR Corp., has signed a new agreement with Otto Instrument Service to sell and support the LASEREF IV inertial reference system product line. The agreement reinforces AAR's strategy to broaden its OEM distribution portfolio serving the business aviation market. Under the agreement, AAR will ensure availability and rapid global deployment of the LASEREF IV system, an essential avionics unit installed on a range of business aircraft, for replacement and upgrade. The collaboration combines Otto's expertise with AAR's global supply-chain reach, advanced distribution infrastructure, and customer-support capabilities.

AAR Corp. has appointed Dylan Wolin as the company's CFO, effective February 23. From 2017 to 2024, Wolin led AAR's strategic and corporate development, treasury, and investor relations functions. Before joining AAR and Federal Signal, Wolin was a Director in Boeing's Corporate Development group, where he was responsible for merger, acquisition, and joint venture transactions. Prior to Boeing, he served as a VP in Deutsche Bank's Global Industrials Group within its investment banking division. Earlier in his career, Wolin was an Associate at McManus & Miles, a boutique investment bank specializing in financial advisory and private placements. Sarah Flanagan, the company's Interim CFO, will return to her previous role as VP, Financial Operations, effective February 23, 2026.