AAR, July 22, 2023 - Wood Dale Illinois — AAR CORP, a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has received approval from the Miami-Dade County Board of County Commissioners to proceed with the construction of a 114,000 square foot facility adjacent to the Company’s existing hangar at Miami International Airport, as announced earlier this week.
AAR plans to break ground on the new facility in Q2 of its FY2024 and complete construction within 24 months. Over time, Miami-Dade County is expected to reimburse the anticipated $50 million cost to construct the hangar. This will increase capacity at AAR’s Miami Airframe MRO by 33%.
This project supports AAR’s earlier announced extension and expansion of its United Airlines MRO relationship, with AAR contracted to provide a minimum of 10 lines of maintenance support across its Miami, Florida, and Rockford, Illinois, facilities. The additional workload will create more than 250 AAR careers in Miami.
Rodrick T. Miller, President & CEO, Miami-Dade Beacon Council said “AAR’s expansion at Miami International Airport supports our highly connected community’s continued growth. Miami is a global hub with thriving aviation and trade and logistics sectors, which makes MRO and other support services a vital component of this ecosystem. The Beacon Council is working closely with AAR not only to continue to expand their footprint successfully in Miami-Dade, but to develop our local aviation mechanic workforce. We enthusiastically welcome the hundreds of local jobs and investment they are bringing to our community.”
Miami-Dade County Mayor Daniella Levine Cava said “As a leader in international passengers and cargo, Miami International Airport is one of the busiest and best mega airports in the country - and AAR’s significant infrastructure investment only advances our local aviation industry. This expansion will strengthen the robust training and repair programs AAR is known for and bring more than 250 new jobs to Miami-Dade County.”
John M. Holmes, AAR’s Chairman, President and CEO said “We are very excited about expanding our partnership with United and grateful for the support we are receiving from the Miami community. These opportunities are possible thanks to the support of the Mayor, the Beacon Council, Miami International Airport, our customers, and our incredible team of employees.”
About AAR : AAR (NYSE: AIR) is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through four operating segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services. Additional information can be found at aarcorp.com.
AAR plans to break ground on the new facility in Q2 of its FY2024 and complete construction within 24 months. Over time, Miami-Dade County is expected to reimburse the anticipated $50 million cost to construct the hangar. This will increase capacity at AAR’s Miami Airframe MRO by 33%.
This project supports AAR’s earlier announced extension and expansion of its United Airlines MRO relationship, with AAR contracted to provide a minimum of 10 lines of maintenance support across its Miami, Florida, and Rockford, Illinois, facilities. The additional workload will create more than 250 AAR careers in Miami.
Rodrick T. Miller, President & CEO, Miami-Dade Beacon Council said “AAR’s expansion at Miami International Airport supports our highly connected community’s continued growth. Miami is a global hub with thriving aviation and trade and logistics sectors, which makes MRO and other support services a vital component of this ecosystem. The Beacon Council is working closely with AAR not only to continue to expand their footprint successfully in Miami-Dade, but to develop our local aviation mechanic workforce. We enthusiastically welcome the hundreds of local jobs and investment they are bringing to our community.”
Miami-Dade County Mayor Daniella Levine Cava said “As a leader in international passengers and cargo, Miami International Airport is one of the busiest and best mega airports in the country - and AAR’s significant infrastructure investment only advances our local aviation industry. This expansion will strengthen the robust training and repair programs AAR is known for and bring more than 250 new jobs to Miami-Dade County.”
John M. Holmes, AAR’s Chairman, President and CEO said “We are very excited about expanding our partnership with United and grateful for the support we are receiving from the Miami community. These opportunities are possible thanks to the support of the Mayor, the Beacon Council, Miami International Airport, our customers, and our incredible team of employees.”
About AAR : AAR (NYSE: AIR) is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through four operating segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services. Additional information can be found at aarcorp.com.
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