AIR News and Press, AAR Corp. From 12/03/20

Wood Dale, Dec. 03, 2020 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services, and Fortress Transportation and Infrastructure Investors (NYSE: FTAI) announced an agreement to create Serviceable Engine Products, an exclusive seven-year CFM56 used serviceable material ...

NEW YORK, Dec. 03, 2020 (GLOBE NEWSWIRE) -- Fortress Transportation and Infrastructure Investors LLC (NYSE: FTAI) announced an agreement with AAR CORP. (NYSE: AIR) to create Serviceable Engine Products, an exclusive seven-year CFM56 used serviceable material (“USM”) partnershi...

AAR’s (AIR) AAR Government Services Inc. has been awarded a ~$148.36M firm-fixed-price, IDIQ contract.The contract provides contractor logistics support required for operating and maintaining the C-40A aircraft, aircraft subsystems, appliances and support equipment.Work is expected to ...

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EHang Holdings went public in the U.S. in December 2019, raising $40 million in gross proceeds. The firm designs and manufactures autonomous aerial vehicles for a variety of use cases. EH has received some regulatory wins but is being slowed by a resurgence of the Covid-19 pandemi...

Aerospace names are taking to the skies after Pfizer/BioNTech reported a 90% effective rate for its COVID-19 vaccine this morning.Commercial aviation has been battered by the coronavirus pandemic, but investors finally see a future where that may not be the reality.On the move: Airbus ([[EADS...

BERKSHIRE, England, Nov. 04, 2020 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR) subsidiary Airinmar, the top global independent provider of component repair cycle management and aircraft warranty solutions, signed a new three-year support services agreement with Volaris, Mexico´s leading domesti...

Air Lease reports earnings on November 9. An asset-intensive business in a highly cyclical industry attempts to remain airborne as global economies stall. Potential lasting turbulence for operating model over next 3 years. Facing multiple unknowns, I remain bearish on the comp...

Airinmar, a subsidiary of AAR (AIR) has signed a new services agreement with European low-fare carrier Wizz Air (WZZAF) to provide a full suite of warranty management services covering airframe, engines and components.The agreement includes the identification, claim and recovery of the multip...

BERKSHIRE, England, Oct. 14, 2020 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR) subsidiary Airinmar, the top global independent provider of component repair cycle management and aircraft warranty solutions, signed a new services agreement with European low-fare carrier Wizz Air. Airinmar will pro...