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AIR News and Press, AAR Corp. From 07/21/20

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Company Name: AAR Corp.
Stock Symbol: AIR
Market: NYSE
Website: aarcorp.com

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AIR - AAR expects to receive ~$57.2M under the CARES Act

AAR (NYSE: AIR ) expects ~$48.5M in grant and an $8.7M loan. The loan portion is for ten-year (low-interest note) that can be prepaid at any time at par. More news on: AAR Corp., Read more ...

AIR - AAR expects to receive $57.2 million from U.S. Treasury under Air Carrier Worker Support portion of CARES Act

Wood Dale, Illinois, July 20, 2020 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators worldwide, today announced that certain of its subsidiaries expect to receive $57.2 million from the U.S. Treasury Department through the Pa...

AIR - AAR continues successful Unison Industries partnership with re-selection as exclusive distributor

Wood Dale, Illinois, July 14, 2020 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators worldwide, and Unison Industries jointly announced today the expansion and extension of the longstanding partnership as the exclusive worldw...

AIR - AAR Elects Robert F. Leduc to its Board of Directors

Wood Dale, July 14, 2020 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR) announced today that Robert F. Leduc, retired President of Pratt & Whitney, has been elected to the Company's Board of Directors, effective immediately. The addition of Mr. Leduc increases the size of the Board from 12 to...

AIR - AAR to announce fourth quarter fiscal year 2020 results on July 21, 2020

Wood Dale, Illinois, July 07, 2020 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR) today announced that it will release financial results for its fourth quarter of fiscal year 2020, ended May 31, 2020, after the market closes on Tuesday, July 21, 2020. On Tuesday, July 21, 2020 at 3:45 p.m. CT,...

AIR - AAR named to Bloomberg Government´s BGOV200 list of top federal contractors

Wood Dale, June 30, 2020 (GLOBE NEWSWIRE) -- Wood Dale, Illinois — AAR (NYSE: AIR), a leading independent provider of aviation services to commercial and government operators worldwide, has been named one of the top 200 federal contractors by Bloomberg Government (BGOV) in the nint...

AIR - Why Shares of AAR Were Up Today

Shares of AAR (NYSE: AIR) climbed more than 10% on Monday after the aerospace maintenance and parts distribution company announced a divestiture. Selling business units is not easy during a pandemic, but AAR was able to get a deal done. On Monday morning, AAR said it has entered into an agr...

AIR - AAR to divest non-core composites manufacturing business

AAR (NYSE: AIR ) to divest its aerospace composite manufacturing business to an affiliate of Architect Equity for an undislcosed term. More news on: AAR Corp., Stocks on the move, Read more ...

AIR - AAR Agrees to Divest Non-Core Composites Manufacturing Business

Wood Dale, Illinois, June 29, 2020 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators worldwide, announced that it has entered into a definitive agreement to divest its aerospace composite manufacturing business after ru...

AIR - +105% In 13 Weeks - The 'Crisis Composite' Strategy Still Crushing The Market

(Credit: businessfirstfamily.com ) In previous installments, we looked at a unique stock investing strategy designed specifically for crises. The strategy was developed based on the previous 8 crises in the US since 1974, as outlined in Verdad Capital's paper entitled "Crisis Investing: ...

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