WOOD DALE, Illinois, February 6, 2017 – Global aerospace leader AAR (NYSE: AIR) has signed a three-year agreement to provide landing gear overhaul and exchange services for SkyWest, Inc.’s (NASDAQ: SKYW) operating carriers. The agreement, which covers landing gear assemblies and subassemblies on its fleet of more than 400 Bombardier CRJ aircraft, includes the option to extend to five years.
The agreement builds on a relationship with SkyWest that dates to the 1990s. AAR, which will perform the work at its landing gear repair station in Miami, has previously provided similar services for SkyWest Airlines and ExpressJet’s fleet of Bombardier commercial passenger jets.
“This latest contract is a testament to the quality AAR delivers and the loyalty AAR earns from our customers,” said Troy Jonas, Vice President of MRO Services, AAR. “SkyWest and ExpressJet carry over 56 million passengers a year, and AAR’s team in Miami recognizes the role that our work plays in delivering them safely to each gate.”
SkyWest, Inc. is the holding company for two scheduled passenger airline operations that provide commercial air service in cities throughout North America. Together, SkyWest Airlines and ExpressJet Airlines operate nearly 3,000 daily flights carrying more than 56 million passengers annually through partnerships with United Airlines, Delta Air Lines, American Airlines and Alaska Airlines.
“We’re pleased to secure this agreement with a proven landing gear provider,” said Bill Dykes, SkyWest Airlines’ Vice President of Maintenance. “We know from experience that we can count on AAR as a reliable partner.”
About AAR
AAR is a global aftermarket solutions company that employs more than 4,500 people in over 20 countries. Based in Wood Dale, Illinois, AAR supports commercial aviation and government customers 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 www.aarcorp.com>.
