Summary: AAR Corp. - S&P Global Ratings’ Credit Research

Summary: AAR Corp.

Summary: AAR Corp. - S&P Global Ratings’ Credit Research
Summary: AAR Corp.
Published Feb 22, 2019
8 pages (2545 words) — Published Feb 22, 2019
Price US$ 225.00  |  Buy this Report Now

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Abstract:

AAR Corp. has had difficulty meeting customer demand due to low unemployment rates in key cities, which is affecting revenue and earnings. This is an issue across the industry. We expect this constraint to continue, but its effect should be somewhat reduced as the company rolls out new initiatives to attract skilled labor. After being delayed by appeals, the International Narcotics and Law Enforcement Affairs, Office of Aviation for Worldwide Aviation Support Services (INL/A-WASS) contract is now at full run-rate. We expect the 10-year contract to provide flight operations, aircraft maintenance, supply chain logistics, and other services to contribute about $200 million in annual revenue. We further expect the company to continue actively pursuing similar government-owned, contractor-operated contracts due to

  
Brief Excerpt:

...AAR Corp. has had difficulty meeting customer demand due to low unemployment rates in key cities, which is affecting revenue and earnings. This is an issue across the industry. We expect this constraint to continue, but its effect should be somewhat reduced as the company rolls out new initiatives to attract skilled labor....

  
Report Type:

Summary

Ticker
Issuer
GICS
Aerospace & Defense (20101010)
Sector
Global Issuers
Country
Region
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Summary: AAR Corp." Feb 22, 2019. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Summary-AAR-Corp-2171094>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: AAR Corp. Feb 22, 2019. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-AAR-Corp-2171094>
  
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