AAR Signs Long-Term Component Repair Contract with Russia’s Utair

Under the eight-year deal, AAR provides component repair and exchange for Utair’s B737 and ATR fleets, as well as reliability engineering support to improve on-wing component reliability.

WOOD DALE, Illinois, January 31, 2018 – AAR (NYSE: AIR), a worldwide provider of aviation services to commercial airlines and governments, has announced a long-term agreement between AAR Aircraft Component Repair – Amsterdam and the Russian airline, Utair Aviation. Under the eight-year deal, AAR provides component repair and exchange for Utair’s B737 and ATR fleets, as well as reliability engineering support to improve on-wing component reliability.

“This agreement reinforces the significance of our growing relationship with Utair,” said Andre op’t Hof, Director of Commercial Operation, AAR Component Repair – Amsterdam. “The inclusion of reliability engineering allows us to go beyond what the manual requires for shop visits and also to schedule failure-preventing removals.”

“Utair wanted to invest in component availability and on-wing performance to increase efficiency and decrease costs,” said Alexander Vasiliev, Deputy Director for Technical Operations, Utair.  “We had already been working with AAR’s Component Repair shop in Amsterdam and decided to sign a contract to become a priority customer and guarantee turn times on repairs.”

AAR’s Component Repair shops in Amsterdam and New York are recognized leaders in providing repair services for more than 6,000 components to both commercial and government customers.

About AAR
AAR is a global aftermarket solutions company that employs more than 5,500 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; engineering services 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.

About Utair
Utair is one of Russia’s top 5 air carriers. It provides passenger services on 150 routes and is the sole carrier to over 60 destinations. Passenger numbers grew by 9.6% in 2017 to 7.3 million, thanks to increased seat occupancy and efficient fleet management. Utair was the Russian industry leader by punctuality in 2017, when 98.8% of its flights arrived on time. The Company fleet consists of 65 aircraft and its main transfer hub is Vnukovo Airport (Moscow), which handles over 160 Utair flights each day. Utair is headquartered in the Russian city of Surgut. View all Utair news at www.utair.ru and twitter.com/UtairAvia.

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