AIR News & Events

AAR reaffirms its previously issued guidance for the fourth fiscal quarter and full fiscal year issued on March 24.

AAR Corp. announced that beginning with the fourth quarter of fiscal year 2026, the Company will report under a new structure using the following four operating segments: Parts Supply remains unchanged from the prior structure, primarily consisting of new parts Distribution and used serviceable material. Repair, Engineering, and Software primarily consists of maintenance, repair, and overhaul (MRO) services across airframe (Airframe MRO) and components (Component MRO), and AAR's software platforms, including Trax, Aerostrat, and Airvoyant. Government Solutions primarily consists of AAR's fleet management and operations of customer-owned aircraft and performance-based logistics programs (Government Programs), and AAR's Mobility Systems activity previously reported as Expeditionary Services. Legacy Commercial Programs primarily consists of asset-heavy flight hour-based component repair programs for commercial airlines, previously reported within Integrated Solutions. AAR also announced that it intends to wind down its Legacy Commercial Programs business. For the last twelve months ended February 28, 2026, the Legacy Commercial Programs business contributed sales of $252.4 million, a GAAP operating loss of ($0.2) million, and adjusted operating income of $5.0 million. Net assets of the Legacy Commercial Programs segment as of February 28, 2026 were approximately $160 million.

AAR Corp. (AIR) has signed a multi-year commercial distribution agreement with Woodward (WWD). Under the agreement, AAR will serve as the preferred distributor of Woodward high-demand consumable parts, including fuel filters, gaskets, and seals for the CFM LEAP, GEnx, and CF34 engines, direct to commercial airlines.