AAR, Cebu Pacific sign CFM56-5B surplus material agreement [Yahoo! Finance]
AAR Corp. (AIR)
Last aar corp. earnings: 3/24 04:05 pm
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Source: Yahoo! Finance
operators, MROs, and OEMs, has signed a multi-year agreement to supply surplus material for the CFM56- 5B engine to Cebu Pacific. Under this agreement, AAR will support the 30 CFM56- 5B scheduled shop visits Cebu Pacific has planned for the term of the contract. "Cebu Pacific is proud to partner with AAR to enhance availability of parts and maximize value through the use of surplus material," said Shevantha Weerasekera, Cebu Pacific's Vice President for Engineering and Fleet Management. "AAR is pleased to grow our relationship with Cebu Pacific through this multi-year agreement," said Sal Marino , AAR's Senior Vice President of Parts Supply. "Leveraging available OEM-approved surplus materials through our strategic FTAI Aviation partnership on the CFM56 engine platform will enable Cebu Pacific to realize significant cost savings during shop visits." For more information on AAR's engine solutions, visit https://www.aarcorp.com/en/products/engine-solutions/ About AAR AAR is a
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AIR
News
- Global Commercial Aircraft Aftermarket Parts Market Projected to Reach US$ 69.5 Billion by 2032, Driven by Travel Demand, Aircraft Leasing, and Stringent Aviation Regulations [Yahoo! Finance]Yahoo! Finance
- AAR Corp. (NYSE: AIR) had its price target raised by analysts at Benchmark Co. from $65.00 to $83.00. They now have a "buy" rating on the stock.MarketBeat
- AAR signs extension and expansion of V2500 engine component distribution agreement with Sumitomo Precision Products [Yahoo! Finance]Yahoo! Finance
- AAR signs extension and expansion of V2500 engine component distribution agreement with Sumitomo Precision ProductsPR Newswire
- AAR awarded Supplier of the Year by Atlas Air Worldwide [Yahoo! Finance]Yahoo! Finance
AIR
Earnings
- 3/21/24 - Beat
AIR
Sec Filings
- 4/11/24 - Form 4
- 4/9/24 - Form 144
- 4/4/24 - Form 4
- AIR's page on the SEC website