WOOD DALE, Ill., Oct. 3, 2017 /PRNewswire/ -- Global aviation
services leader AAR (NYSE: AIR) officially launched today at MRO
Europe in London two new solutions
from its Digital Services team to better serve its commercial
aftermarket customers. AAR's new online PAARTS STORE and
AARive real-time customer portal for flight-hour component
support are being demonstrated by AAR's Digital Services team at
Booth # 335.
PAARTS STORE
The PAARTS STORE 2.0 provides 24/7 visibility of more
than 1 million new and used parts in AAR's inventory. So in
addition to the OEM factory-new parts previously listed, visitors
now have real-time access to AAR's industry-leading inventory of
overhauled, serviceable, and repairable airframe and engine parts
for almost every commercial aircraft platform. Full documentation
including trace and certification is available to registered
customers. The ability to instantly purchase or negotiate RFQs via
the PAARTS STORE provides a simple and seamless experience
and faster fulfillment of part needs.
"What sets AAR's online parts store apart is that customers
don't have to wait on emails and faxes to verify that a component
is certified or airworthy — it's a one-stop shop," said
Andy Schmidt, Senior Vice President,
Intelligent Solutions, AAR. "This self-service option makes the
online purchase faster and easier — similar to what folks are used
to when buying consumer products online today."
Customers can access AAR's PAARTS STORE via our website
or directly at shop.aarcorp.com.
AARive
AAR is enhancing its flight-hour component support programs with
a complementary transaction and visibility portal: AARive.
It provides online self-service capabilities for customers, putting
them in control of their supply chain program. Already in use by
select program customers, AARive offers anytime anywhere
access to pool parts, review of required paperwork ahead of part
shipment, and tracking of orders in real time. Access to
reliability/engineering data reporting and support documentation
close the supply chain loop, providing end-to-end
control.
"We have been able to grow the number of aircraft under PBH
contract to over 1,600 by listening to what customers want and
creating solutions for them," said Deepak
Sharma, President, Integrated Supply Chain – Commercial,
AAR. "Customers requested an easy-to-use online dashboard where
they could submit orders and see all the key information at a
glance. It's a complementary addition to AAR's worldwide warehouse
network and sales staff that support our PBH programs and help set
us apart."
"These new digital services are the first results of AAR's
ongoing investment in an Intelligent Solutions team and related
solution development to reimagine business as usual and drive
additional value for our customers," said John Holmes, President & Chief Operating
Officer, AAR. "AAR is working hard to extend our industry-leading
supply chain services in the digital realm."
About AAR
AAR is a global aftermarket solutions
company that employs more than 5,000 people in over 20 countries.
Based in Wood Dale, Illinois, AAR
provides aviation services to commercial and government customers
in over 100 countries 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.
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.
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,
including those factors discussed under Item 1A, entitled "Risk
Factors", included in the Company's Form 10-K for the fiscal year
ended May 31, 2017. 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. For additional information, see the comments
included in AAR's filings with the Securities and Exchange
Commission.
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SOURCE AAR