GlobeNewswire Inc | Oct 5, 2021 04:02PM EDT

October 05, 2021

Wood Dale, Oct. 05, 2021 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, announced a new fellowship program with Rock Valley College in Rockford, Illinois. This initiative is part of AARs EAGLE Career Pathway Program, which focuses on growing the talent necessary to meet the maintenance demands of the future with a focus on five core values:

Ethics

Airworthiness

Greatness

Leadership

Engagement

Fellowships, which include a cash award, will be offered to ten students and recipients who will work a minimum of two years with AAR. The funds may be used to cover the cost of tuition, fees and material and are annually renewable. To join, Fellows must meet certain eligibility criteria, including being a current or prospective student at Rock Valley College enrolled in the Aviation Maintenance Program, and must intend to work at AARs Rockford MRO location upon completion of graduation. Application information is available at https://www.aarcorp.com/RVC_Fellowship

We are proud to announce this fellowship program, which builds upon the strong relationship that we already have with Rock Valley College, said John Holmes, AAR President & Chief Executive Officer. It is vital for the continued safety of the aviation industry that leading maintenance providers partner with educational institutions to increase the knowledge and skill of the workforce, not just in technical areas, but in leadership, problem solving and teamwork skills as well.

To learn more about AARs EAGLE Career Pathway Program, please visit https://www.aarcorp.com/eagle-pathway-program/.

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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.

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. 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 certain risksand uncertainties that could cause actual results to differ materially fromhistorical results or those anticipated. For a discussion of these and otherrisks and uncertainties, refer to ?Risk Factors? in our most recent AnnualReport on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Should oneor more of these risks or uncertainties materialize adversely, or shouldunderlying assumptions or estimates prove incorrect, actual results may varymaterially from those described. These events and uncertainties are difficultor impossible to predict accurately and many are beyond the Company?s control.The Company assumes no obligation to update any forward-looking statements toreflect events or circumstances after the date of such statements or to reflectthe occurrence of anticipated or unanticipated events.

Daniela PietschAAR Corp+16302275100editor@aarcorp.com