GlobeNewswire Inc | Feb 16, 2021 04:30PM EST

February 16, 2021

Wood Dale, Feb. 16, 2021 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading aviation services provider to commercial and government operators, MROs and OEMs worldwide, has been named to Forbes list of Americas Best Midsize Employers for 2021. This is the third time that AAR has earned this honor, which is based on an independent survey conducted by Statista polling over 38,000 U.S. employees.

We are very proud to have once again been named by Forbes as one Americas Best Midsize Employers. This honor means even more to us this year given the current challenges the aviation industry is facing, said John M. Holmes, AAR President & CEO. Our amazing team has made many sacrifices this past year and thanks to their efforts, our Company has never been in a stronger position.

According to Forbes, the companies on this years list of Americas Best Midsize Employers had to navigate countless challenges and have risen to the occasion, adapting in ways that benefit both their customers and employees. Participants were consulted anonymously though online panels, allowing for open, honest discussion and feedback. Participants were first asked to rate their willingness to recommend their employer to friends and family and were then prompted to evaluate other employers in their respective industries.

In the United States, AAR currently employs over 3,000 people, primarily aircraft maintenance mechanics, and approximately 5,000 people in total around the world. To build and retain the best team in aviation, AAR invests in its employees professional growth and promotes from within. The company provides tuition reimbursement for continued education and certification, employee mentorship programs, learning and development sessions, networking events, and frequent opportunities to directly connect with leadership. Additionally, AAR offers competitive pay and a full range of insurance benefits, including medical, dental, vision, life, as well as a 401(k) plan, company-paid holidays and generous paid time off. This is one of several top employer recognitions that has been awarded to AAR in the last few years.

AAR is based in the Chicago area and has facilities in Illinois, Florida, Indiana, Michigan, Oklahoma, as well as operations worldwide. To join the best team in aviation, visit aarcorp.com/careers.

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About AARAAR 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 two operating segments: Aviation Services and Expeditionary Services. AARs Aviation Services include Parts Supply; OEM Solutions; Integrated Solutions; and Maintenance, Repair and Overhaul (MRO) Services. AARs Expeditionary Services include Mobility Systems operations. Additional information can be found at www.aarcorp.com.

About the award:

-- Forbes article: https://www.forbes.com/sites/kristinstoller/2021/02/09/meet-americas-best-midsize-employers-2021/?sh=4390450c1804 -- Listed companies: https://www.forbes.com/lists/best-midsize-employers/#75c8d2e6210f

This press release contains certain statements relating to future results,which are forward-looking statements as that term is defined in the PrivateSecurities Litigation Reform Act of 1995, which reflect management?sexpectations about future conditions, including the statement that ?our Companyhas never been in a stronger position.? Forward-looking statements may also beidentified because they contain words such as ??anticipate,?? ??believe,????continue,?? ??could,?? ??estimate,?? ??expect,?? ??intend,?? ??likely,????may,?? ??might,?? ??plan,?? ??potential,?? ??predict,?? ??project,????seek,?? ??should,?? ??target,?? ??will,?? ??would,?? or similar expressionsand the negatives of those terms. These forward-looking statements are based onbeliefs of Company management, as well as assumptions and estimates based oninformation currently available to the Company, and are subject to certainrisks and uncertainties that could cause actual results to differ materiallyfrom historical results or those anticipated. For a discussion of these andother risks and uncertainties, refer to ?Risk Factors? in our most recentAnnual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q.Should one or more of these risks or uncertainties materialize adversely, orshould underlying assumptions or estimates prove incorrect, actual results mayvary materially from those described. These events and uncertainties aredifficult or impossible to predict accurately and many are beyond the Company?scontrol. The Company assumes no obligation to update any forward-lookingstatements to reflect events or circumstances after the date of such statementsor to reflect the occurrence of anticipated or unanticipated events.



Daniela PietschAAR Corp+16302275100editor@aarcorp.com