AAR and MTU Maintenance extend Pratt & Whitney PW2000 aircraft engine parts supply agreement
17 Octubre 2023 - 7:30AM
AAR CORP. (NYSE: AIR), a leading provider of aviation services to
commercial and government operators, MROs, and OEMs, has signed a
multi-year contract extension with MTU Maintenance, the global
market leader in customized solutions for aero engines, to supply
parts for Pratt & Whitney PW2000 engines.
This fourth extension marks the continuation of
an AAR-MTU contract that originally began in 2009. Under the
agreement, AAR supplies used serviceable material for the PW2000
engine program at MTU’s facility in Hannover, Germany. This
partnership significantly streamlines logistical processes and
creates cost efficiencies for MTU Maintenance’s customers.
“The last 15 years have shown us that AAR is a reliable partner,
which helps us to offer tailor-made and cost-efficient material
solutions to our customers,” said Torben Lohse, Director of
Purchasing at MTU Maintenance Hannover. “I am looking forward to
continuing this successful partnership for years to come.”
“AAR is thrilled to continue supporting valued customer MTU on
the PW2000 engines,” said Christine Bognar, AAR’s PW2000 Product
Director. “The AAR-MTU relationship is a successful partnership
providing mutual benefit, and we look forward to collaborating on
the next chapter.”
For more information on AAR products, visit
https://www.aarcorp.com/en/products/.
About AARAAR is a global aerospace and defense
aftermarket solutions company with operations in over 20 countries.
Headquartered in the Chicago area, AAR supports commercial and
government customers through four operating segments: Parts Supply,
Repair & Engineering, Integrated Solutions, and Expeditionary
Services. Additional information can be found at aarcorp.com.
This
press release contains certain statements relating to future
results, which are forward-looking statements as that term is
defined in the Private Securities Litigation Reform Act of 1995
which reflect management’s expectations about future conditions,
including expected activities and benefits under the supply
agreement. Forward-looking statements may also be identified
because they contain words such as ‘‘anticipate,’’ ‘‘believe,’’
‘‘continue,’’ ‘‘could,’’ ‘‘estimate,’’ ‘‘expect,’’ ‘‘intend,’’
‘‘likely,’’ ‘‘may,’’ ‘‘might,’’ ‘‘plan,’’ ‘‘potential,’’
‘‘predict,’’ ‘‘project,’’ ‘‘seek,’’ ‘‘should,’’ ‘‘target,’’
‘‘will,’’ ‘‘would,’’ or similar expressions and the negatives of
those terms. These forward-looking statements are based on beliefs
of Company management, as well as assumptions and estimates based
on information currently available to the Company and are subject
to certain risks and uncertainties that could cause actual results
to differ materially from historical results or those anticipated.
For a discussion of these and other risks and uncertainties, refer
to “Risk Factors” in our most recent Annual Report on Form 10-K and
subsequent Quarterly Reports on Form 10-Q. Should one or more of
these risks or uncertainties materialize adversely, or should
underlying assumptions or estimates prove incorrect, actual results
may vary materially from those described. These events and
uncertainties are difficult or impossible to predict accurately and
many are beyond the Company’s control. The Company assumes no
obligation to update any forward-looking statements to reflect
events or circumstances after the date of such statements or to
reflect the occurrence of anticipated or unanticipated events.
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Media Team
AAR CORP.
+1-630-227-5100
editor@aarcorp.com
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