- Published: December 2011
Summary: AAR Corp. Jan 02
- ID: 2042699
- January 2002
- Standard & Poors
The ratings for AAR Corp. are supported by its established business position, a satisfactory balance sheet, and moderate financial policy; those factors offset very difficult conditions in the airline industry, the firm's primary market, and related weak performance. The ratings also reflect expectations of a material strengthening in overall subpar credit protection measures in the intermediate term. AAR is a leading player in supplying aftermarket products and services to a diversified customer base in the global aerospace industry. The company operates in four segments: inventory and logistics services involving distribution and redistribution of parts (about 40% of sales); maintenance, repair, and overhaul work for air carriers (30%); aircraft and engine sales and leasing (15%); and manufacturing (15%). The Sept. 11...
Companies mentioned in this report are: AAR Corp.
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