AAR Announces Partnership with Viasat for In-flight Connectivity Logistics, Repair and Aftermarket Support
WOOD DALE, Illinois, January 16, 2018 – AAR (NYSE:AIR), a leading integrator of aviation supply chain solutions, announced today it will provide in-flight connectivity logistics, repair and aftermarket management services to Viasat, a global communications company. Viasat is recognized as delivering the gold standard in in-flight connectivity to airlines, worldwide.
Through this partnership, AAR’s OEM Aftermarket Solutions group will manage the aftermarket inventory pool of Viasat components including modems, antennas, radomes, wireless access points (WAPs) and power supply units (PSUs). These components will be deployed on a forward exchange basis to support Viasat’s current and future airline customers.
“AAR’s scalable solution allows Viasat to leverage our aviation aftermarket expertise through our comprehensive logistics and repair processes,” said Carl Glover, vice president, Parts Supply, AAR. “This global program supports Viasat’s current and future airline customers to ensure maximum system component availability.”
“Our collaboration with Viasat embodies AAR’s purpose: To better connect the world,” said Darren Spiegel, vice president, OEM Aftermarket Solutions, AAR. “We look forward to leveraging our extensive commercial aviation knowledge to assist Viasat in bringing their advanced connectivity services to more airlines and passengers, globally.”
AAR is a global aftermarket solutions company that employs more than 5,000 people in over 20 countries. Based in Wood Dale, Illinois, AAR supports commercial aviation and government customers in more than 100 countries. 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.