WOOD DALE, Ill., Oct. 17, 2018 /PRNewswire/ -- AAR (NYSE: AIR), a
global provider of aviation services, will partner with Zodiac
Aerospace to distribute their water and waste product portfolio to
the global airline, MRO and supporting markets effective
November 1, 2018. Under this
agreement, AAR will use analytics to proactively develop
opportunities enhancing the success of Zodiac Aerospace's
commercial aerospace customer base. AAR will stock material
throughout the Company's worldwide warehouse network with locations
in Chicago, Germany, Dubai, Singapore and Shanghai. AAR's expertise in inventory
management, customer service and AOG support will provide the
airline market decreased lead times on Zodiac's flight critical
components.
"Zodiac Aerospace Services and AAR have worked closely for a
long time. We are very excited about the potential of the new
combined organization and look forward to benefiting from AAR's
global footprint as well as its service to airlines and customers
on Zodiac Water & Waste parts," said Guillaume Bunoz, EVP
Product Management, Business Development & Marketing for Zodiac
Aerospace Services.
"AAR is excited to partner with Zodiac Aerospace. We expect this
agreement to further enhance the customer service offered to
customers worldwide, while maximizing sales opportunities for
Zodiac Aerospace Services," said Eric
Young, Senior Vice President, OEM Solutions, AAR.
About Zodiac Aerospace & Zodiac Aerospace
Services
Zodiac Aerospace is a world leader in aerospace equipment and
systems for commercial, regional and business aircraft, helicopters
and spacecraft. It develops and manufactures state-of-the-art
solutions to improve comfort and well-being on board aircraft, and
high-technology systems to increase aircraft performance and flight
safety. Since February 2018, Zodiac
Aerospace is a Safran company.
Zodiac Aerospace Services is the dedicated aftermarket and
services organization of the Zodiac Aerospace Group. Committed to
deliver the best performance and services, Zodiac Aerospace
Services offers a global distribution network of spare parts and
components, maintenance of equipment manufactured by the Zodiac
Aerospace Group, customized support services for airline operators
and dedicated technical support. Based in the United States, Europe, the Middle
East, Asia and Australia, Zodiac Aerospace Services provides
24/7 AOG spare services to airlines and operators around the
world.
About AAR
AAR is a global aftermarket solutions company that employs more
than 6,000 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 parts supply; OEM parts distribution; supply chain
programs; customer fleet management and operations; aircraft
maintenance, repair and overhaul; engineering services and
component repair. AAR's Expeditionary Services include mobility
systems; command and control centers in support of military and
humanitarian missions; and composite manufacturing operations.
Additional 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, 2018. 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