Air Canada and AAR Announce Signing a Five-Year MRO Contract with Air Canada for Boeing 767 Maintenance
WOOD DALE, Illinois, September 25, 2017 – Global aviation services leader AAR (NYSE: AIR) and Air Canada (TSX: AC) today announced they have signed a 5-year agreement to provide airframe maintenance for the airline’s fleet of 34 Boeing 767 at AAR’s Miami MRO facility. The contract will commence later this year and ramp up over three months.
Air Canada’s Senior Vice President, Operations, Rich Steer, added, “We have been pleased with the work performed by AAR on Air Canada’s fleet. This contract assures Air Canada of a quality solution for our Boeing 767 maintenance needs through AAR’s extensive and proven capabilities in this field.”
“We are excited to expand our long-term relationship with Air Canada to their 767 fleet,” said Chris Jessup, Chief Commercial Officer, AAR. “Our Miami MRO is a world-class facility that can accommodate wide-body aircraft and provides good-paying jobs to American workers.”
In addition to Miami, AAR’s award-winning network includes airframe maintenance facilities in Indianapolis, Indiana; Oklahoma City, Oklahoma; Duluth, Minnesota, Rockford, Illinois; Trois-Rivières, Quebéc; and Windsor, Ontario, as well as component repair facilities in New York and Amsterdam; and landing gear services in Miami. Across these sites, AAR provides industry leading maintenance, repair and overhaul for regional, narrow-body and wide-body aircraft operators. AAR is the largest MRO services provider in the Americas and third worldwide.
About AAR
AAR is a global aftermarket solutions company that employs more than 5,000 people in over 20 countries. Based in Wood Dale, Illinois, AAR provides aviation services to commercial and government customers in over 100 countries through two operating segments: Aviation Services and Expeditionary Services. AAR’s Aviation Services include inventory management; parts supply; OEM parts distribution; aircraft maintenance, repair and overhaul; and component repair. AAR’s Expeditionary Services include airlift operations; mobility systems; and command and control centers in support of military and humanitarian missions. More information can be found at http://www.aarcorp.com.
About Air Canada
Air Canada is Canada's largest domestic and international airline serving more than 200 airports on six continents. Canada's flag carrier is among the 20 largest airlines in the world and in 2016 served close to 45 million customers. Air Canada provides scheduled passenger service directly to 64 airports in Canada, 57 in the United States and 96 in Europe, the Middle East, Africa, Asia, Australia, the Caribbean, Mexico, Central America and South America. Air Canada is a founding member of Star Alliance, the world's most comprehensive air transportation network serving 1,300 airports in 191 countries. Air Canada is the only international network carrier in North America to receive a Four-Star ranking according to independent U.K. research firm Skytrax, which also named Air Canada the 2017 Best Airline in North America. For more information, please visit: www.aircanada.com, follow @AirCanada on Twitter and join Air Canada on Facebook.
