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AAR  CORPORATION
1100 N WOOD DALE ROAD
WOOD DALE, IL 60191
(630) 227 - 2000
www.aarcorp.com

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COMPANY  PROFILE

AAR CORP was organized in 1955 as the successor to a business founded in 1951 and was reincorporated in Delaware in 1966. The Company is a worldwide leader in supplying aftermarket products and services to the global aviation/aerospace industry.

The Company reports its activities in one business segment: Aviation Services. Three classes of similar products and services are included within this segment: (1) Aircraft and Engines; (2) Airframe and Accessories; and (3) Manufacturing.

1. Aircraft and Engines.

The Company's Aircraft and Engines activities include

  1. the purchase, sale and lease of used commercial jet aircraft;
  2. the purchase, sale and lease of a wide variety of new, overhauled and repaired engines and engine products for the aviation aftermarket; and
  3. the overhaul, repair and exchange of a wide range of engine parts and components and other engine support services for its commercial and military customers.

The Company also provides customized inventory supply and management programs for engine parts and components in support of customer maintenance activities.

2. Airframe and Accessories.

The Company's Airframe and Accessories activities consist of:

  1. the purchase, sale and lease of new, overhauled and repaired airframe parts and accessories for the aviation aftermarket; and
  2. the overhaul, repair and exchange of a wide variety of airframe and accessory parts and components for its commercial, military and general aviation customers.

The Company's primary sources of airframe parts for its Airframe and Accessories activities are domestic and foreign airlines, independent aviation service companies, aircraft leasing companies and original equipment manufacturers. The Company is also an authorized distributor for more than 150 leading aviation/aerospace product manufacturers.

3. Manufacturing.

The Company's Manufacturing activities include:

  1. the design, manufacture and installation of in-plane cargo loading and handling systems for commercial and military aircraft and helicopters;
  2. the design and manufacture of advanced composite materials for commercial, business and military aircraft;
  3. the manufacture and repair of a wide array of containers, pallets and shelters in support of military and humanitarian rapid deployment activities;
  4. the design and manufacture of a line of specialized protective transport cases and a variety of vacuum storage containers that protect machinery and equipment during long-term storage.

The principal customers for the Company's products and services are domestic and foreign commercial airlines, regional/commuter airlines, business aircraft operators, aviation original equipment manufacturers, aircraft leasing companies, domestic and foreign military organizations and independent aviation support companies.

The Company's executive offices are located at 1100 North Wood Dale Road, Wood Dale, Illinois.

The Company's Common Stock is traded on the New York Stock Exchange under the symbol "AIR".