Wood Dale, Illinois, Oct. 19, 2022 (GLOBE NEWSWIRE) — AAR CORP. (NYSE: AIR), a number one supplier of aviation companies to industrial and authorities operators, MROs, and OEMs, has signed a brand new multi-year flight-hour part assist contract, increasing its relationship with flydubai to incorporate extra plane in flydubai’s quickly rising Boeing 737 MAX fleet.
AAR will develop its onsite staff and work alongside flydubai to make sure real-time choice making and seamless interplay all through the length of this contract. The stock for this program will probably be positioned in Dubai, in alignment with AAR’s “close to the customer” assist philosophy.
Commenting on the announcement, Mick Hills, flydubai’s Chief Operations Officer, stated, “AAR’s continued support over the last five years has enabled flydubai to maintain the optimum levels of efficiency and quick turnarounds when it comes to our fleet maintenance. The experience and reliability this partnership adds to our operations will continue to be collaborative, especially as we bring more of our MRO capabilities in house. We look forward to expanding our partnership with AAR as we grow our fleet over the next few years.”
flydubai operates a single fleet-type of 68 Boeing 737 plane that features 32 Next-Generation Boeing 737-800, 33 Boeing 737 MAX 8, and three Boeing 737 MAX 9 plane. The service is predicted to take supply of 11 737 MAX plane by the tip of the 12 months because it continues to retire extra of its 737 Next-Generations.
“It is a privilege to use our expertise and inventory to improve component support reliability and efficiency for flydubai,” stated Colin Craig, AAR’s Vice President, Business Development, Integrated Solutions. “flydubai’s decision to place further trust in AAR’s ability to provide excellent operational support speaks to the success of embedding our services with customers.”
AAR started supporting flydubai’s flagship fleet of Boeing 737 MAX in 2017 and signed a contract extension for flydubai’s Boeing 737 Next Generation fleet in 2021.
For extra info on industrial options and flight-hour assist, go to the AAR web site.
About AAR
AAR is a world aerospace and protection aftermarket options firm with operations in over 20 nations. Headquartered within the Chicago space, AAR helps industrial and authorities prospects by two working segments: Aviation Services and Expeditionary Services. AAR’s Aviation Services embody Parts Supply; OEM Solutions; Integrated Solutions; and Maintenance, Repair, and Overhaul (MRO) Services. AAR’s Expeditionary Services embody Mobility Systems operations. Additional info might be discovered at aarcorp.com.
About flydubai
From its residence in Dubai, flydubai has created a community of greater than 95 locations served by a fleet of 68 plane. Since commencing operations in June 2009, flydubai has been dedicated to eradicating obstacles to journey, creating free flows of commerce and tourism and enhancing connectivity between totally different cultures throughout its ever-expanding community.
flydubai has marked its journey with various milestones:
An increasing community: Created a community of greater than 95 locations in 50 nations throughout Africa, Central Asia, the Caucasus, Central and South-East Europe, the GCC and the Middle East, and the Indian Subcontinent.
Serving underserved markets: Opened greater than 70 new routes that didn’t beforehand have direct air hyperlinks to Dubai or weren’t served by a UAE nationwide service from Dubai.
An environment friendly single fleet-type: Operates a single fleet-type of 68 Boeing 737 plane and contains: 32 Next-Generation Boeing 737-800, 33 Boeing 737 MAX 8 and three Boeing 737 MAX 9 plane.
Enhancing connectivity: Carried greater than 80 million passengers because it started operations in 2009.
For all our newest information, please go to the flydubai Newsroom.
| This press launch incorporates sure statements referring to future outcomes, that are forward-looking statements as that time period is outlined within the Private Securities Litigation Reform Act of 1995 which replicate administration’s expectations about future circumstances, together with the power to proceed to construct on AAR’s profitable relationships with industrial airways outdoors of the USA. Forward-looking statements may be recognized as a result of they include phrases resembling ‘‘anticipate,’’ ‘‘believe,’’ ‘‘continue,’’ ‘‘could,’’ ‘‘estimate,’’ ‘‘expect,’’ ‘‘intend,’’ ‘‘likely,’’ ‘‘may,’’ ‘‘might,’’ ‘‘plan,’’ ‘‘potential,’’ ‘‘predict,’’ ‘‘project,’’ ‘‘seek,’’ ‘‘should,’’ ‘‘target,’’ ‘‘will,’’ ‘‘would,’’ or comparable expressions and the negatives of these phrases. These forward-looking statements are primarily based on beliefs of Company administration, in addition to assumptions and estimates primarily based on info at present out there to the Company, and are topic to sure dangers and uncertainties that might trigger precise outcomes to vary materially from historic outcomes or these anticipated. For a dialogue of those and different dangers and uncertainties, confer with “Risk Factors” in our most up-to-date Annual Report on Form 10-Okay and subsequent Quarterly Reports on Form 10-Q. Should a number of of those dangers or uncertainties materialize adversely, or ought to underlying assumptions or estimates show incorrect, precise outcomes might fluctuate materially from these described. These occasions and uncertainties are tough or inconceivable to foretell precisely and lots of are past the Company’s management. The Company assumes no obligation to replace any forward-looking statements to replicate occasions or circumstances after the date of such statements or to replicate the prevalence of anticipated or unanticipated occasions. |
