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Potential downturn doesn't worry AAR.
Crain's Chicago Business, October, 1998 by Murphy, H. Lee
Tags: AAR Corp.
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Plane parts firm still looks to buy H. LEE MURPHY While Wall Street is anticipating a downturn in the aviation sector, AAR Corp. continues to broaden its parts and service customer base. Acquisitions and joint ventures have played a key role. Wood Dale-based AAR has enjoyed 20% compound annual growth in sales over the past three years and better than 50% earnings growth.
Rising air traffic in a prosperous economy has accounted for much of AAR's success. But new partnerships and contracts - including some with the U.S. military - have boosted AAR since President and CEO ...
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