Aviation Services Provider AAR Purchases Nine 757-200 Aircraft From American Airlines

  • Aviation services provider AAR Corp AIR subsidiary AAR Supply Chain will acquire nine Boeing Company BA 757-200 passenger aircraft equipped with 18 RB211 engines.
  • The assets have been recently operated by American Airlines Group AAL. The financial terms of the deal were not disclosed.
  • "The acquisition of these aircraft and engines will enable AAR to continue to support the RB211-powered 757 cargo market," said Brian Salvatori, AAR's Vice President of Asset Trading.
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  • AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries.
  • Price Action: AIR shares are trading lower by 0.80% at $54.47 on the last check Wednesday.
  • Photo Via Company
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