AAR CORP. Responds to American Airlines Bankruptcy

Symbols: AIR, AMR
Posted in: News, Legal
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In response to investor inquiries, AAR CORP. (NYSE: AIR) announced that it expects negligible financial impact as a result of the Chapter 11 bankruptcy filing of American Airlines and its parent company, AMR Corp (NYSE: AMR).

The Company's aggregate accounts receivable exposure to American Airlines is less than $500,000 and current sales to American Airlines account for less than one half of one percent of the Company's annual sales.


 
 
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